According to Warren Bennis

A. the leader asks "what?" and "how?" while the manager asks "why?" and "how much?"
B. the leader is charismatic, while the manager is a functionary bureaucrat.
C. the leader develops, while the manager maintains.
D. the leader orders, while the managers requests.
E. the leader initiates, while the manager waits for directives.


Answer: C

Business

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Kanbar Novelties is a wholesaler of costumes and costume accessories in the U.S. Gwen's Barrow is a retail store in Iowa that sells Halloween costumes. Gwen's Barrow placed an order for 75 ninja swords, made of glass, from Kanbar Novelties. Kanbar placed the swords in cardboard boxes and shipped them by railroad, without wrapping them in protective material. Moreover, Kanbar failed to indicate that the box contained fragile goods. As a result, there was no care taken to ensure that the box was handled safely. The box was placed under other heavier goods which crushed the glass swords in the box. Kanbar claimed that its obligations ended with the delivery to the carrier and that the risk of loss was on Gwen's Barrow. What argument would you make in favor of Gwen's Barrow?

What will be an ideal response?

Business

The effective interest method of amortization of bond premiums and discounts is superior to the straight-line method because it results in a(n)

A) more variable interest rate. B) uniform rate of interest. C) interest rate that increases or decreases slightly over time. D) interest rate that is close to the market interest rate.

Business

Cash is a temporary account

Indicate whether the statement is true or false

Business

A cereal company issues coupons that can be exchanged for boxes of cereal. It issues two million coupons that promise the retailer who redeems the coupons $1 per coupon. The probability of redemption of any one coupon is 10%. What is the amount of the liability that the company recognizes?

a. $2,000 b. $20,000 c. $100,000 d. $200,000 e. $2,000,000

Business