Business Studies Gr 10 Term 2 #5 Flashcards
Quality indicators of the business function
1
Q
what is the correlation between management and the success of the business
A
o The correlation between management and the success of the business in achieving its objectives, strengths, and weaknesses
o Management play an important role in making the correct decisions and motivating employees to be productive
o Poor management can result in ineffective employees and loss in productivity
o Business requires ongoing decisions making and problem solving
o Problems that cannot be solved and decision that are note made appropriately can lead to decrease in productivity.