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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The process of controlling and making decisions about a business.
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management
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staffing
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controlling
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goal
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Explanation:
Detailed explanation-1: -Decision management–also known as enterprise decision management (EDM) or business decision management (BDM)–is a process or set of processes that aims to improve the decision-making process by using all available information to increase the precision, consistency and agility of decisions.
Detailed explanation-2: -“Management is simply the process of decision-making and control over the action of human beings for the express purpose of attaining predetermined goals.” Stanley Vance has emphasized decision-making and control over the actions of employees for reaching the enterprise goals.
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