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EOPA Kbaskin1
Entrepreneurship
Question | Answer |
---|---|
What is matrix organizations? | company structure in which the reporting relationships are set up as a grid, or matrix, rather than in the traditional hierarchy. |
What are the four basic functions of management? | Controlling, Leading, Organizing, planning, Staffing |
What is the Value-Creating Strategy? | one in which the business seeks to edge out its competitors by gaining more market share |
Autocratic Leader? | leader who does not listen to other people but make all decisions themselves. |
Laissez-Fair Leader | Hand off Leader!! They simply choose not to lead |
Ethical dilemma | Difference between right and wrong |
Vulnerability | Threats to the strengths of a company |
Three traits common to leaders | 1. Drive to achieve 2. Motivated to lead 3. Integrity |
democratic leadership | often the best kind off leaders. they listen to others opinion. |
Leadership skills | Autocratic,Laissez fair leader, Democratic |