ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Just one person is most likely responsible for all of the management functions in a ____
A
new small business
B
partnership
C
large corporation
D
multinational company
Explanation: 

Detailed explanation-1: -A Business Operations Manager is a professional responsible for managing all business operations and setting goals across the organization. They ensure that all aspects, from hiring new employees and managing budgets to understanding general business operations or guiding work teams for projects, are running smoothly.

Detailed explanation-2: -Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling.

Detailed explanation-3: -First-line managers are the entry level of management, the individuals “on the line” and in the closest contact with the workers. They are directly responsible for making sure that organizational objectives and plans are implemented effectively.

There is 1 question to complete.