alleryManagement is defined as getting things done with the aim of achieving goals:
AEffectively and efficiently
BQuickly and very cheaply
CSlowly but very surely
DLoudly and very clearly
Answer & Solution
Correct answer: A. Effectively and efficiently
1. Effectiveness is finishing the task.
2. Efficiency is doing it at minimum cost.
3. Management needs both.
_Source: syllabus Business Studies Part I, Chapter 1, Nature and Significance of Management._
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