Compare and contrast management and leadership.
What will be an ideal response?
Management and leadership share some similarities; both leaders and managers
work with people, set goals, and influence others to achieve those goals. Still,
management and leadership do not mean the same thing. Leadership consists of
creating a vision, introducing change, and influence others to achieve goals, while
managers maintain the status quo, promote stability, and ensure the smooth running of
organizations. There can be an overlap between a management and a leadership role,
but realistically, not all managers are leaders and not all leaders are managers.
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The ratio of net income to net sales is the relationship presented by the ______________ ratio
Fill in the blank(s) with correct word
What best describes using all of the retailer's shopping channels to create a seamless and synchronized customer experience?
A. M-Commerce B. Direct retailing C. Social retailing D. Multichannel retailing E. Omnichannel retailing
Which validity measure would be most associated with the measurement of “honesty”?
A. High level validity B. Criterion-related validity C. Content validity D. Low level validity E. Construct validity
In dealing with the work-related activities of people, managers must have an understanding of all of the following EXCEPT
A. leadership. B. decision making. C. organizational structure and design. D. organizational culture. E. long-term plans of marketplace competitors.