Management and Its Role in Efficiency and Effectiveness

Select the word or phrase that best completes each of the following statements.

Though generally managers are thought to plan, organize, lead, and control across four types of organizational resources, managers may specialize in one specific resource area. For instance, human resource managers grad primarily manage employees and decisions related to employee efficiency and effectiveness.

Managerial staff at the Dairy Queen make decisions about how to reinvest profits, how to improve profit margins, and how to manage tax liabilities, all of which are resources.

Select the best answer to the following question.

Target has posted a job description for the following open position: Responsibilities of the job include collating, preparing and interpreting reports, budgets, accounts, commentaries, and financial statements; controlling income, cash flow, and expenditure; managing budgets; developing and managing financial systems$/$models$.$ Which type of organizational resource will this job manage?

Financial

Physical

Information

Human