Management and Its Role in Efficiency and Effectiveness

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

Management can be defined as a set of activities includins directed at an organization's resources, with the aim of achieving organizational goals in an efficient and effective manner.

Lou is a supervisor at the Dairy Queen, where he focuses on setting employee schedules and training new employees. Lou's management role deals primarily with resources.

Select the best answer to tide following question.

Walmart has posted a job description for an open position focused on the following responsibilities: managing the merchandising of new products in the appropriate store areas; selecting appropriate shelving and display materials throughout the store; identifying needed store repairs. Which type of organizational resource will this job manage?

Financial

Physical

Human

Information