ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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listening.
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controlling.
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delegating.
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dictating.
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Detailed explanation-1: -What Are the Four Functions of Management? The four functions of management are planning, organizing, leading and controlling. In order to be a successful manager, you must do all four while managing your work and team. These are the foundations of any professional managerial position.
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: -The four most common types of managers are top-level managers, middle managers, first-line managers, and team leaders. These roles vary not only in their day-to-day responsibilities, but also in their broader function in the organization and the types of employees they manage.
Detailed explanation-4: -The management process is a system that combines all of an organization’s activities to achieve its goals. It involves planning, organizing, leading and controlling. The term ‘management’ refers to managing an organization through its functions and activities using certain principles and methods.