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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Executives spend most of their time on ____ functions.
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planning and organizing
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planning and controlling
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iImplementing, staffing and controlling
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organizing and implementing
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Explanation:
Detailed explanation-1: -Planning involves establishing goals and communicating these goals to employees of the organization. The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.
Detailed explanation-2: -Managers at the senior management level are responsible for the entire organization, especially its strategic direction. They devote more of their time on conceptual issues. They concentrate on activities related to long-range planning, monitoring business indicators, coordinating, and internal consulting.
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