Implementation of management and operations involves all of the following EXCEPT: Question 6Answer A. Ownership and governance structures B. Legal responsibilities C. Operations management and financial management D. Organizational management and human resource management

Implementation of management and operations involves all of the following EXCEPT: Question 6Answer A. Ownership and governance structures B. Legal responsibilities C. Operations management and financial management D. Organizational management and human resource management

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Implementation of management and operations involves all of the following EXCEPT:

Question 6Answer

Ownership and governance structures

Legal responsibilities

Operations management and financial management

Organizational management and human resource management

Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.

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