Contrast management with leadership and explain their relationship to one another using John Kotter's criteria.
What will be an ideal response?
Management is the system of action that deals with complexity, and leadership is the system of action for dealing with change. Management copes with complexity through planning, budgeting, organizing, staff, controlling, and problem solving. Leadership copes with change through setting direction, aligning people, and motivating and inspiring.
Neither is more important than the other, but in fact they are complementary systems of action.
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The assignment of a symbol to represent a specific response to a specific question, along with the data record and column position that symbol will occupy, is called ________
A) editing B) coding C) sampling D) pretesting E) selecting
It is generally argued that the takeover constraint deters management from
A. considering acquiring other companies. B. increasing the level of borrowing of a firm. C. engaging in opportunistic behavior. D. declaring dividends.
A system for electronic funds transfers (EFT) in which machines are located in a merchant's store and are activated by the consumer's identification card and code is known as:
A) POS. B) RAM. C) EFTA. D) CHIPS.
Which of the following is an information source that is not associated with advertising or promotion?
A. external B. nonmarketing-controlled C. marketing-controlled D. unbiased E. primary