Management Is Defined in the Introduction as ______

question 41

Multiple Choice

Management is defined in the introduction as ______?

• A)the process of communicating,coordinating,and accomplishing action in the pursuit of organizational objectives while managing relationships with stakeholders,technologies,and other artefacts,both within as well as between organizations
• B)giving orders to other people to do things
• C)the science of designing relationships between people so that the most efficient people are in charge of things and the others are directed in what they do,according to plan
• D)none of these

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Definitions:

Organizational Structure

The system outlining how activities are directed in order to achieve an organization's goals, defining roles, responsibilities, and the flow of information within the organization.

Company's Performance

An assessment of a company's ability to achieve its business objectives and goals, often measured by financial indicators such as revenue, profit margins, and market share.

Cross-functional

Relates to a team or process involving members from different departments or areas of expertise working together towards a common goal.

Finance

The field that deals with the management, creation, and study of money, banking, credit, investments, assets, and liabilities.