[amp_mcq option1=”principle of balance” option2=”span of management” option3=”organisation process” option4=”planning and forecasting” correct=”option1″]<\/p>\n
The correct answer is: A. principle of balance<\/strong><\/p>\n The principle of balance is a key concept in organizational theory. It refers to the need for organizations to strike a balance between different competing demands, such as efficiency, effectiveness, and flexibility.<\/p>\n Efficiency is the ability to produce goods or services with a minimum of waste. Effectiveness is the ability to achieve organizational goals. Flexibility is the ability to adapt to change.<\/p>\n Organizations that are able to strike a good balance between these three demands are more likely to be successful.<\/p>\n The other options are also important concepts in organizational theory, but they are not as central to the principle of balance as option A.<\/p>\n Option B, span of management, refers to the number of employees that a manager is responsible for. A narrow span of management means that each manager is responsible for a small number of employees, while a wide span of management means that each manager is responsible for a large number of employees.<\/p>\n Option C, organization process, refers to the steps that an organization takes to achieve its goals. These steps typically include planning, organizing, staffing, directing, and controlling.<\/p>\n Option D, planning and forecasting, refers to the process of developing and implementing plans for the future. Planning involves setting goals and objectives, while forecasting involves predicting future events.<\/p>\n All of these concepts are important for effective organizing, but they are not as central to the principle of balance as option A.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”principle of balance” option2=”span of management” option3=”organisation process” option4=”planning and forecasting” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[703],"tags":[],"class_list":["post-34536","post","type-post","status-publish","format-standard","hentry","category-business-management","no-featured-image-padding"],"yoast_head":"\n