BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A product or service
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Management and efficiency
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Energy and utilities
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Facilities and equipment
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Detailed explanation-1: -Answer: The two major end results managers seek on a daily basis are management and efficiency. Explanation: Management is an effective process of getting things done by the employees.
Detailed explanation-2: -Management always work by keeping an end result or aim of the organization. The activities of managers are directing towards the end result. It is related to which feature of management (a) Management is multidimensional.
Detailed explanation-3: -Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling. 1 Consider what each of these functions entails, as well as how each may look in action.