ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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planning.
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controlling.
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organizing.
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leading.
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Detailed explanation-1: -Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is the framework within which effort is coordinated.
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.1 Consider what each of these functions entails, as well as how each may look in action.
Detailed explanation-3: -Organizing is the management function of arranging and structuring work to accomplish the goals of an organization. It involves creating departments, assigning tasks, delegating authority, and allocating resources to achieve desired results.