ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A manager studies the business’s previous sales statistics as well as the sales forecast before making purchasing decisions. What type of resource is the manager using?
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Material
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Financial
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Human
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Information
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Explanation:
Detailed explanation-1: -The purpose of management is to coordinate and organize an organization’s many operations so that those actions may contribute to the company achieving its goals. Using a company’s resources most effectively and productively is one of the most important aspects of good business management.
Detailed explanation-2: -A second key function of managers is organizing, which is the process of coordinating and allocating a firm’s resources to carry out its plans. Organizing includes developing a structure for the people, positions, departments, and activities within the firm.
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