Two Management Functions in the Theory of Administration (Fayol) Are

question 27

Short Answer

Two management functions in the theory of administration (Fayol) are ______________ and ______________.

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Definitions:

Designer Cookware

High-quality cooking utensils and equipment typically created by or associated with known designers, often featuring unique styles or functionalities.

4 Ps Model

A marketing framework that divides the marketing process into four components: Product, Price, Place, and Promotion.

Harvard Business School

An elite private business school in Boston, Massachusetts, known for its influential MBA program and extensive case method teaching.

Marketing Mix Element

Components that can be controlled to influence how a product is positioned and sold in the market, often identified as product, price, place, and promotion.