What is administration? Which element in the definition of governance is most important? Why?

An organized way of managing people and things of a business organization is called the Management. The process of administering an organization by a group of people is known as the Administration.

Good governance has 8 major characteristics. It is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law.

d. the economy will face inflation.

answer; hazards;