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Is management a profession? Give reasons.
Yes, management is considered a profession as it has the following features: Well defined body of knowledge: In management there is a systematic body of knowledge which is an important feature of any profession.
Yes, management is considered a profession as it has the following features:
See lessWell defined body of knowledge: In management there is a systematic body of knowledge which is an important feature of any profession.
How does business contribute to economic development?
Economic growth is measured through the changes in the gross domestic product of a country over a year. Growth of the economy is related to business as business involves money. Real economic development can be seen from the major improvements in living standards, expansion of the existing market andRead more
Economic growth is measured through the changes in the gross domestic product of a country over a year. Growth of the economy is related to business as business involves money. Real economic development can be seen from the major improvements in living standards, expansion of the existing market and the opening of new ones. Therefore, when a business enterprise is setting objectives and planning strategies for the future, economic growth is an important aspect to consider.
See lessWhat is the difference between administration and management?
Management and administration are two different words but mean almost the same apart from some slight differences. - 'Administration' deals with the setting up of objectives and crucial policies for every organization, whereas 'management' is the act of putting the policies and plans decided upon byRead more
Management and administration are two different words but mean almost the same apart from some slight differences.
– ‘Administration’ deals with the setting up of objectives and crucial policies for every organization, whereas ‘management’ is the act of putting the policies and plans decided upon by the administration into practice.
– Administration is a decision making body, while management executes those decisions made by the administration.
– Administration works in the top level, whereas management operates in the middle level
See lessWhat are the roles played by a business administrator?
Business Administrator is someone who handles all the financial management of a business. His specific role varies from one company to another. A business administrator understands the business operations and processes. His roles may involve accounting, finance, marketing, economics, statistics, humRead more
Business Administrator is someone who handles all the financial management of a business. His specific role varies from one company to another.
A business administrator understands the business operations and processes. His roles may involve accounting, finance, marketing, economics, statistics, human resources, and decision-making. In small organizations, business administrator manages administrative support services but in large organizations there are several levels of managers who specialize in different areas from human resources to facilities management.
See lessWhat do you mean by business administration?
Business administration can be termed as the way of managing a business or non-profit organization so as to both maintain the stability of the organization and develop it at the same time. It consists of various departments starting from the operations to management. Also, there are various roles reRead more
Business administration can be termed as the way of managing a business or non-profit organization so as to both maintain the stability of the organization and develop it at the same time. It consists of various departments starting from the operations to management. Also, there are various roles related to business administration which include business support, office manager, and Chief Executive Officer (CEO) and most companies have a dedicated group of administrators.
See lessWhat is the mascot of the Michelin tire company called?
Bibendum is the correct answer because it is the actual name of the mascot of the Michelin tire company. Bibendum, also known as the Michelin Man, is a white, marshmallow-like figure made of tires. He has been the official mascot of Michelin since 1898 and is widely recognized as the face of the comRead more
Bibendum is the correct answer because it is the actual name of the mascot of the Michelin tire company. Bibendum, also known as the Michelin Man, is a white, marshmallow-like figure made of tires. He has been the official mascot of Michelin since 1898 and is widely recognized as the face of the company.
See lessWhich is the largest two-wheeler company in the World in terms of sales?
Hero MotoCorp is the largest two-wheeler company in the world in terms of sales. This can be attributed to various factors such as its strong market presence in India, where it is headquartered, and its extensive product range catering to different segments of customers. Hero MotoCorp has consistentRead more
Hero MotoCorp is the largest two-wheeler company in the world in terms of sales. This can be attributed to various factors such as its strong market presence in India, where it is headquartered, and its extensive product range catering to different segments of customers. Hero MotoCorp has consistently maintained its leadership position in the Indian market and has also expanded its presence in international markets, contributing to its overall sales volume. Additionally, the company’s focus on innovation, quality, and customer satisfaction has further contributed to its success and growth in the global two-wheeler industry.
See lessPick out the odd one with respect to their function:
The odd one out in this list is the fog lamp. Tires, crankshaft, and camshaft are all mechanical components of a vehicle's engine or drivetrain, whereas a fog lamp is an external lighting device used to improve visibility in foggy conditions. The fog lamp serves a different function compared to theRead more
The odd one out in this list is the fog lamp. Tires, crankshaft, and camshaft are all mechanical components of a vehicle’s engine or drivetrain, whereas a fog lamp is an external lighting device used to improve visibility in foggy conditions. The fog lamp serves a different function compared to the other items, making it the odd one out in terms of their function.
See lessWhat is the full form of MRF? (Tyre company)
The correct answer is Madras Rubber Factory. MRF is a well-known tyre company, and its full form is Madras Rubber Factory.
The correct answer is Madras Rubber Factory. MRF is a well-known tyre company, and its full form is Madras Rubber Factory.
See lessName the car brand which is quite popular in James Bond movies.
Aston Martin is the correct answer because it is a car brand that is well-known for its appearance in James Bond movies. The brand has been featured in numerous Bond films, becoming synonymous with the iconic spy character. Aston Martin's sleek and stylish designs, along with its association with luRead more
Aston Martin is the correct answer because it is a car brand that is well-known for its appearance in James Bond movies. The brand has been featured in numerous Bond films, becoming synonymous with the iconic spy character. Aston Martin’s sleek and stylish designs, along with its association with luxury and sophistication, make it a perfect fit for the suave and adventurous image of James Bond.
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