Administration and Management Involves the Exercise of Command Authority in Order

question 2

True/False

Administration and management involves the exercise of command authority in order to control, direct, and coordinate the department's personnel, resources, and activities.

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Definitions:

Operating Objectives

Specific, short-term aims that guide the operations of an organization, focusing on efficient and effective achievement of core operational goals.

Financial Capital

The funds and resources available to a business for use in the production of goods or services, including investments, cash, and other assets.

Core Competencies

Fundamental strengths and strategic advantages of an organization or individual, which are central to its identity and performance.

Organisational Strengths

The unique resources, capabilities, or competencies that an organization possesses, which can be leveraged to achieve competitive advantage and fulfill its mission effectively.