According to Your Textbook, a Major Reason to Study Management

question 24

Multiple Choice

According to your textbook, a major reason to study management is ________.

• A)all individuals have vested interest in improving organisational management
• B)managers control 90% of organisational financial resources
• C)business students need awareness of the business environment
• D)the need to understand the two basic organisational environments: profit and not-for-profit
• E)it impacts the efficiency and effectiveness of personal career achievement

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Definitions:

Make Deposits

The act of placing money into a financial account.

Pay Bills

The process of settling amounts owed for purchases, services, or utilities to vendors or suppliers.

Reports Center

A centralized location or platform where various types of business reports can be accessed, generated, or managed.

Vendors Center

A feature in accounting software that organizes and tracks transactions related to suppliers from whom a business purchases goods or services.