Question

5. Name the process of working with and through others to effectively achieve organisational objectives by
1
efficiently using limited resources in a changing environment.
(a) Management
(b) Planning
(c) Organising
(d) Controlling
IT
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Answer 1

Answer:

Management is the process of working with and

through others to effectively achieve

organisational objectives by efficiently using its

limited resources in the changing environment.

Answer 2

The three different phases in a circular flow of income are Generation, Distribution, and Disposition.