Management Is a Process Designed to Achieve an Organization's Objectives

question 59

Multiple Choice

Management is a process designed to achieve an organization's objectives by using its resources ____________ (accomplishing the objectives with a minimum of resources) and _________________ (having the intended result) .

• A) effectively;efficiently
• B) efficiently;effectively
• C) quickly;competently
• D) competently;quickly
• E) thoroughly;completely

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Definitions:

Extrapolation

To predict corresponding variables outside of the domain.

Regression Line

In statistics, a line that best fits a set of data points, reflecting the relationship between an independent variable and a dependent variable.

Correlation

An association between two variables.

Scatterplot

A type of graph in statistics used to display values for typically two variables for a set of data.