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EOPA Kbaskin1

Entrepreneurship

QuestionAnswer
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
Created by: kameronb
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