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administration is really an act of organizing, directing, and evaluating any exercise. administration involves ”authority” (the appropriate to direct actions) and accountability (accountability for actions). The generation and utilization of technology in enterprise must be well managed to raise output and Return on financial investment.
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rise in output: rather than human labor, technological innovation is economical and fast. creation activities have two Key aims; to supply a product or make a structure. Production pursuits that make solutions are known as producing activities. Most firms are involved with the manufacturing of merchandise, and these businesses have to make the most of The 2 variables of creation which include time and effectiveness. a company can use technological know-how to automate selected regions of manufacturing, this will aid the company rise in its output, and it will also help the business enterprise to serve its clients on time. men and women need to get what they want when they will need it on time.
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