Final answer:
The term most closely associated with 'management' is 'Efficiency'. Management focuses on coordinating activities within an organization to achieve goals with minimal resources and time.
Step-by-step explanation:
The term most often associated with the word "management" is C. Efficiency. Management involves overseeing and coordinating the activities within an organization to achieve goals and objectives optimally. Efficiency in management means making the best possible use of resources to achieve the desired outcomes with minimal waste of time, effort, and cost. While dynamism, risk-taking, and creativity can be important in various aspects of business, management is primarily concerned with creating effective and efficient systems to run an enterprise. Efficiency is central to management due to the constant need to produce results with limited resources and within specific time constraints.