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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planning.
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leading.
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organizing.
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controlling.
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Detailed explanation-1: -Organizing is getting the resources arranged in an orderly and functional way to accomplish goals and objectives. Leading means providing direction and vision. Controlling the operation means keeping the company on track and making sure goals are met.
Detailed explanation-2: -Strategic planning is a process in which an organization’s leaders define their vision for the future and identify their organization’s goals and objectives. The process includes establishing the sequence in which those goals should be realized so that the organization can reach its stated vision.
Detailed explanation-3: -The management process consists of four primary functions that managers must perform: planning, organizing, leading, and controlling.