____ is not a key component in the definition of management.

A) Coping with a changing environment
B) Making the most of limited resources
C) Working with and through others
D) Balancing effectiveness and efficiency
E) Maximizing shareholder wealth

Changing Environment

A changing environment refers to the dynamic and evolving nature of surroundings or conditions, especially those affecting organizations and necessitating adaptability and flexibility.

Limited Resources

The finite nature of resources available for tasks or operations, often leading to prioritization and strategic planning.