GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Just one person would likely be responsible for all of the management functions in a
A
new small business
B
partnership
C
large corporation
D
multinational company
Explanation: 

Detailed explanation-1: -The five key functions of managing are strategic planning, organizing resources, staffing, directing activities and controlling the company’s success.

Detailed explanation-2: -An organization’s top management most often conducts strategic planning. Tactical planning is intermediate-range (one to three years) planning that is designed to develop relatively concrete and specific means to implement the strategic plan. Middle-level managers often engage in tactical planning.

There is 1 question to complete.