Examlex
According to the principle of diminishing returns,an additional worker decreases total output.
Directing
The process by which managers, given their assigned level of responsibilities, run day-to-day operations.
Management Process
A systematic approach to planning, organizing, leading, and controlling an organization's activities to achieve its objectives efficiently and effectively.
Day-to-Day Operations
Refers to the routine activities required for the ongoing management and upkeep of a business or organization.
Directing
The management process of guiding and overseeing employees to achieve the objectives of the organization.
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