Basic Principles That Comprise Good Management Include

question 23

Multiple Choice

Basic principles that comprise good management include

• A)identifying goals and constraints.
• B)recognizing the nature and importance of profits.
• C)understanding incentives.
• D)all of the statements associated with this question are correct.

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Definitions:

Ethical Dilemmas

Situations where a person must choose between two or more conflicting moral principles.

Career Development

The ongoing process of managing one's work experience, learning, and training to achieve personal career objectives and goals.

Right People

The Right People concept emphasizes the importance of selecting or collaborating with individuals who possess the suitable skills, attitudes, and values for achieving specific goals or success in a given context.

Work-Related Positions

Occupations or roles that individuals hold within an organizational or professional setting, encompassing responsibilities and duties.