The process of activity relating to the effective utilization of available resources for production is
A. planning
B. management
C. organization
D. decision making
Answer: Option B
Solution(By Examveda Team)
The process of activity relating to the effective utilization of available resources for production is management. Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.Related Questions on Business Management
The Practice of Management written by __________.
A. Peter F Drucker
B. Terry
C. Louis Allan
D. Hendry Fayol
The first man who advocated the view that the management should and can be taught is.
A. harold Koontz
B. Terry
C. Louis Allan
D. Hendry Fayol
The first worman authority in management is.
A. Mary Parkett
B. Lillian Gilberth
C. White Head
D. Elton Mayo
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