___________is the guiding principle for decision making in an economics based view of management?
Correct answer: A. profit maximization
- A. profit maximization
- B. wealth maximization
- C. value maximization
- D. none of these
Explanation
The traditional economics-based view treats profit maximization as the main guide for managerial decisions. Wealth or value maximization may be used in finance-oriented frameworks, but profit is the standard answer in this general management formulation.
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About Classroom Management
Effective classroom management organizes learners, time, space and resources to support learning. Concepts include rules and routines, teacher authority, communication, motivation, reinforcement, handling disruptive behaviour, maintaining attention and creating an inclusive environment. It differs from discipline alone because management also prevents problems and promotes productive participation.
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