Questions and Answers
Match the following business functions with their descriptions:
Marketing = Promoting and selling products or services Human Resources = Managing employee recruitment, benefits, and training Finance = Managing money, investments, and financial planning Operations = Overseeing production, quality control, and supply chain management
Match the following management styles with their characteristics:
Autocratic = Authoritative, top-down decision-making Democratic = Involves employees in decision-making Laissez-faire = Hands-off approach with minimal supervision Bureaucratic = Strict adherence to rules and procedures
Match the following leadership theories with their concepts:
Trait theory = Focuses on innate characteristics of effective leaders Behavioral theory = Emphasizes learned behaviors and actions of leaders Contingency theory = Leadership effectiveness depends on the situation Transformational theory = Inspires and motivates followers to achieve common goals
Study Notes
Business Functions and Descriptions
- Business functions refer to different areas of a company where specific activities are undertaken.
Management Styles and Characteristics
- Management styles describe the approach taken by managers to supervise, motivate, and direct employees.
Leadership Theories and Concepts
- Leadership theories explain how leaders influence and motivate individuals and teams to achieve organizational goals.
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