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Management
Management in business
| Question | Answer |
|---|---|
| What is management? | Management involves getting people to work together for a common organisatioal goal using the skills of leading motivatibg and communicating . |
| Leading. | Managers have a clear vision fornthe future which they share openly with employees. Encourage employees to work together for a common goal. |
| Risk-taking entrepreneur and manager. | Entrepreneurs take a personal and financial risk when they set uo a business Manager take fewer risks if the business fails theu can leave the firm and apply for a job in another business. |
| Characteristics of a manager. | Pronlem solving, charisma, flexibility, hard working amd initiative. |