ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ are responsible for helping individuals and groups organize themselves efficiently to pursue a vision, controlling and directing “resources” (meaning money, people, reputation and contact networks) to optimize results. They worry about the day-to-day aspects of the business.
A
Managers
B
Leaders
C
The Ceo
D
Boss
E
Co-Manager
Explanation: 

Detailed explanation-1: -It is the responsibility of management to see that essential activities are done efficiently (in the best possible way) and effectively (doing the right thing). The management process consists of four primary functions that managers must perform: planning, organizing, leading, and controlling.

Detailed explanation-2: -Top managers are responsible for developing the organization’s strategy and being a steward for its vision and mission. A second set of managers includes functional, team, and general managers. Functional managers are responsible for the efficiency and effectiveness of an area, such as accounting or marketing.

Detailed explanation-3: -One of the most important functions of a manager is organizing the work of all of his employees. Organizing is one of the toughest and most important functions of management. Let us learn more about organizing and the process of organizing.

There is 1 question to complete.