Commerce JAMB

Management of a business involves the development of ideas for the?

A. distribution of goods and services that human wants
B. transportation of goods and services that human wants
C. transfer of title of ownership of goodsand services to individuals
D. production of goods and services that satisfy human needs

Correct Answer:

Option D – production of goods and services that satisfy human needs

Explanation

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives. This is achieved when goods and services reach the final consumer and satisfy a want.

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