Comprehensive
Management Theories &
Functions for Senior High
School | Study Guide &
Exam Review
|Guaranteed success|
, Why is management considered a Management is considered a science because it
science? evolved from various theories based on extensive
studies and experiments.
What does efficiency in management Efficiency refers to maximizing output with minimum
refer to? input, often described as 'doing things right' and
minimizing waste.
What does effectiveness in Effectiveness is the capacity to attain an intended
management mean? objective or result, often referred to as 'doing the
right thing'.
What are the five factors influencing The five factors are globalization, technology,
management? sustainability and corporate social responsibility,
psychology, and ecosystems.
Define globalization in the context of Globalization is the growing interconnectivity and
management. interdependence between nations, influenced by
advancements in technology, transportation, and
communication.
How does technology influence Technology improves business functions and
business management? productivity, enabling real-time communication and
outsourcing of tasks to third parties.
What is sustainability in business? Sustainability means conducting long-term business
operations with minimal negative impact on the
social, cultural, and economic aspects of the
community.
Management Theories &
Functions for Senior High
School | Study Guide &
Exam Review
|Guaranteed success|
, Why is management considered a Management is considered a science because it
science? evolved from various theories based on extensive
studies and experiments.
What does efficiency in management Efficiency refers to maximizing output with minimum
refer to? input, often described as 'doing things right' and
minimizing waste.
What does effectiveness in Effectiveness is the capacity to attain an intended
management mean? objective or result, often referred to as 'doing the
right thing'.
What are the five factors influencing The five factors are globalization, technology,
management? sustainability and corporate social responsibility,
psychology, and ecosystems.
Define globalization in the context of Globalization is the growing interconnectivity and
management. interdependence between nations, influenced by
advancements in technology, transportation, and
communication.
How does technology influence Technology improves business functions and
business management? productivity, enabling real-time communication and
outsourcing of tasks to third parties.
What is sustainability in business? Sustainability means conducting long-term business
operations with minimal negative impact on the
social, cultural, and economic aspects of the
community.
