
DICT Lesson 11
Authored by Rosalie Cabagay
Business
1st Grade
Used 1+ times

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5 questions
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1.
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1 min • 1 pt
It is managing the coordination and organization of business activities.
2.
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1 min • 1 pt
It is defined as an administrative specialization that focuses on hiring and developing employees to become more valuable to the company.
3.
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1 min • 1 pt
It refers to the application of management principles to the production function in a factory. In other words, production management involves application of planning, organizing, directing and controlling the production process.
4.
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1 min • 1 pt
It refers to the total cost incurred by a business to produce a specific quantity of a product or offer a service.
5.
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1 min • 1 pt
It is an index that measures output (goods and services) relative to the input (labor, materials, energy, and other resources) used to produce them.
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