Question:
What are the basic control factors in business management and operation?
Business Management And Operation:
The process of leading and controlling a company or organization. Business management includes developing business goals, planning and executing actions to achieve those goals, and leading and motivating employees to work towards the goals. The primary goals of business management are to maximize the company's profitability and to create shareholder value. Business management also seeks to create customer value and promote employee satisfaction. There are many different approaches to business management, and the most effective approach depends on the company's goals, resources, and culture.
Answer and Explanation:1
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- Money is a critical element of business management and operation because money is used to purchase resources, pay employees, and cover other...
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