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: -Controlling the operation means keeping the company on track and making sure goals are met.
Detailed explanation-2: -Planning involves the planning of decision making. Organizing includes appropriate coordination between planning and resources. Leading involves motivating the employees to achieve organizational goals. Controlling is related to monitoring and evaluation.
Detailed explanation-3: -Top-Level Managers These top managers are responsible for setting the overall direction of a company and making sure that major organizational objectives are achieved.
Detailed explanation-4: -The purpose of the control function is to ensure that the organization makes progress towards the established goals. This is done prior to implementation of the gameplan as a manager anticipates what might go wrong.