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.

---

Definitions:

Effectively

In a manner that produces the intended result or a successful outcome.

False Assumption

An incorrect belief or premise that may lead to erroneous conclusions or actions.

Same Characteristics

Qualities, attributes, or features that are identical or very similar between entities.

Wealth Inequity

The unequal distribution of assets, wealth, and income among individuals or groups within a society, leading to economic disparity.