GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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basic framework or features of a system or organization
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The quantity of goods that a firm has on hand. A complete list of items such as property, goods in stock, or the contents of a building.
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A combination of two or more corporations wherein the dominant unit absorbs the passive ones, the former continuing operation usually under the same name.
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The process of accomplishing the goals of an organization through the effective use of people and other resources.
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Detailed explanation-1: -It is something that directs group efforts towards the attainment of certain pre-determined goals. “Management” is the process of working with and through others to effectively achieve the goals of the organization, by efficiently using limited resources in the changing world.
Detailed explanation-2: -Management is the process of getting things done, where process is related to the primary functions or activities that management performs to get things done with the aim achieving the goals effectively and efficiently.
Detailed explanation-3: -Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives.
Detailed explanation-4: -At the basic level, management is a regimen that comprises five standard functions, namely, planning, organising, staffing, leading, and controlling.
Detailed explanation-5: -Organizational Management: The process of managing and allocating the resources with in organization. Resource Allocation: The process of assigning resources to tasks and projects with the goal of distributing them efficiently.