Q219
The process of activity relating to the effective utilization of available resources for production is
A.
planning
B.
management
AnswerC.
organization
D.
decision making
Answer: Option B
Solution
Answer: Option B
Solution:
The process of activity relating to the effective utilization of available resources for production is management. Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.