One of the Important Ideas in the Text's Definition of Management

question 78

Multiple Choice

One of the important ideas in the text's definition of management is:

• A) the management functions of planning, organizing, leading, and controlling.
• B) the attainment of societal goals.
• C) effectiveness is more important than efficiency.
• D) management is unique to for-profit organizations.
• E) efficiency is more important than effectiveness.

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Definitions:

Information

Data that have been organized so that they have meaning and value to the recipient.

Mainframes

Powerful computers used primarily by large organizations for critical applications, bulk data processing such as census, industry and consumer statistics, enterprise resource planning, and financial transaction processing.

Large Enterprises

Corporations or business entities that operate on a large scale, typically characterized by a significant number of employees or large revenue.

Extensive Computing Applications

Software applications characterized by their comprehensive scope, significant processing power, or capability to handle large amounts of data.