ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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organizing
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staffing
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planning
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None of the above
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Detailed explanation-1: -Planning involves analyzing information, setting goals, and making decisions about what needs to be done. Organizing means identifying and arranging the work and resources needed to achieve the goals that have been set.
Detailed explanation-2: -At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.
Detailed explanation-3: -Planning. Planning means defining performance goals for the organization and determining what actions and resources are needed to achieve the goals.
Detailed explanation-4: -management. process of controlling/ making decisions about a business.