What Are the Five Elements in the Management Process

question 54

Multiple Choice

What are the five elements in the management process?

• A) plan, direct, update, lead, and supervise
• B) accounting, finance, marketing, operations, and management
• C) organize, plan, control, staff, and manage
• D) plan, organize, staff, lead, and control
• E) plan, lead, organize, manage, and control

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Definitions:

Organization's Performance

A measure of how well an organization is achieving its objectives, often evaluated through metrics such as profitability, efficiency, and satisfaction levels.

Performance Appraisal

A systematic evaluation process by which an employee's job performance is assessed and documented.

Relative Standing

An individual's or entity's position or rank in comparison to others within a specific context or group.

Job Sharing

A work arrangement whereby two or more individuals share the responsibilities and duties of one full-time job, splitting the hours, benefits, and pay.