ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Management is a process of ____ the organization’s resources.
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planning, leading, coordinating and adjusting
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planning, leading, organizing and controlling
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planning, distributing, locating and conducting
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planning, organizing, locating and monitoring
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Explanation:
Detailed explanation-1: -The four functions of management are planning, organizing, leading and controlling. In order to be a successful manager, you must do all four while managing your work and team. These are the foundations of any professional managerial position.
Detailed explanation-2: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions.
Detailed explanation-3: -Management is a process because it performs series of functions, like, planning, organizing, staffing, directing and controlling in a sequence.
There is 1 question to complete.