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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The management style that is the combined use of tactical and strategic management.
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Middle management
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Strategic management
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Tactical management
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Mixed management
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Explanation:
Detailed explanation-1: -The combined use of tactical and strategic management is known as mixed management.
Detailed explanation-2: -Tactical planning is done at middle management level, which mainly involves the resource acquisitions and utilisations to achieve the organisational goals. Tactical plans cover shorter time frames and are associated with less uncertainty and hence lower risk as compared to strategic planning.
Detailed explanation-3: -There are three broad categories of management styles: Autocratic, democratic and laissez-faire. Within these categories, there are specific subtypes of management styles, each with its own pros and cons.
There is 1 question to complete.