ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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position influence
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reward influence
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expert influence
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identity influence
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Detailed explanation-1: -Leadership is the ability of an individual to influence, motivate, and enable others to contribute to the organization’s success. Management is responsible for controlling an organization, a group, or a set of entities to achieve a particular objective.
Detailed explanation-2: -Ethics are the principles and values an individual uses to govern his activities and decisions. In an organization, a code of ethics is a set of principles that guide the organization in its programs, policies and decisions for the business.
Detailed explanation-3: -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.