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Questions and Answers
What distinguishes a manager from an entrepreneur?
What distinguishes a manager from an entrepreneur?
- Managers focus on innovation while entrepreneurs prioritize operations.
- Managers are typically risk-takers, whereas entrepreneurs avoid risks.
- Entrepreneurs often develop new ventures, while managers usually operate existing organizations. (correct)
- Managers work primarily in startups, while entrepreneurs are found in established companies.
Which type of manager primarily focuses on strategic decision-making and long-term planning?
Which type of manager primarily focuses on strategic decision-making and long-term planning?
- Operational Manager
- Middle Manager
- Top-Level Manager (correct)
- Project Manager
Which of the following skills is most critical for a successful manager?
Which of the following skills is most critical for a successful manager?
- Interpersonal skills for effective communication (correct)
- Financial skills for managing budgets
- Creativity in product development
- Technical skills related to a specific task
What role does a manager typically NOT perform?
What role does a manager typically NOT perform?
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What is a significant difference between the art of management and the science of management?
What is a significant difference between the art of management and the science of management?
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