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jenyasd209 [6]
3 years ago
5

Briefly define the concepts of management and leadership and explain at least two differences between them

Business
1 answer:
blondinia [14]3 years ago
3 0

Answer:

Leadership is the potentiality to influence behaviour , primarily towards group encouragement towards short term goal realisation & also motivating them them to achieve long term visions.

Management is the letting work done by strategisation, organisation & coordination of people & activities to achieve defined objectives.

Differences between Management & Leadership:

Leadership includes establishing strategic decision & refining vision . Management includes planning & budgeting , developing processes & setting timelines.

Management as in idea has more essence of focusing on objectives, tends to mitigate risks. Leadership as an idea is based on vision & relationship enhancement , taking risky decisions for it .

Managers plan, allocate & synchronize individual efforts in line of objectives. Leaders motivate, encourage & energise individuals in line of the vision.

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Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to which of the following?A. ethnocentrismB. avail
svetlana [45]

Answer:

E. globalization

Explanation:

-Ethnocentrism refers to judging another culture based on your own culture and considering yours as superior.

-Availability of supplies refers to having access to the products needed for the business.

-Avoidance of tariffs and import quotas refers to not having limitations like  paying taxes on imports or exports or having a maximum quantity of a product that can be imported or exported.

-Lower labor costs refers to low salaries.

-Globalization refers to a process of integration that involves people, governments and companies around the world. When talking about business is about developing an international presence and beginning to operate in other countries.

According to this, Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to globalization.

8 0
3 years ago
If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise i
Gala2k [10]

Answer:

3%

Explanation:

Increase in money supply ($ billion) = Increase in reserves / Reserve ratio

Increase in money supply ($ billion) = 150 / 0.1

Increase in money supply ($ billion) = 1,500

Increase in price level = (Increase in money supply / 100) * 0.2

Increase in price level = (1,500/100) * 0.2

Increase in price level = 3%

8 0
3 years ago
A defendant wants to make sure the judge sees a document that proves his innocence His attorney should add this to the blank Its
Molodets [167]

Answer: exhibit list

Explanation:

A P E X

6 0
3 years ago
Allen, inc., has a total debt ratio of .34. what is its debt-equity ratio
lawyer [7]
Total debt ratio is the ratio of total debt to total assets 
i.e 
Total debt ratio = Total debt / Total assets  
But Total assets is nothing but total equity plus total debt  
Now let us consider, 
TD = Total debt  
TE = Total equity 
TA= Total assets   
Therefore, 
Total debt ratio = TD/TA 
But as mentioned above 
TA = TD + TE  
total debt ratio = Total debt/(total debt+total equity) 
total debt ratio = .34(given) 
.34 = TD / (TD + TE)  
Solving this equation yields:  
0.34 = 1/(1+ TE/TD) 
0.34(1+TE/TD) = 1 
0.34 + 0.34TE/TD =1 
.34(TE/TD) = 1 - 0.34 
0.34 (TE/TD) = 0.66 
0.34TE = 0.66TD  
Now, Debt equity ratio is the ratio of Total debt to total equity  
Debt-equity ratio = TD / TE 
Debt-equity ratio = 0.34 / 0.66 
Debt-equity ratio = 0.51515152
6 0
4 years ago
After an oil spill off the California coast, the ladies’ aide society of Cedar Rapids , Iowa , raised money to send to voulentee
Lapatulllka [165]

Answer:

The tax deduction of the contributions.

Explanation:

The claiming of tax deduction of all money raised for the natural disaster in California. Since the Ladies Aid Society is presumably, a non-profit organization then its contributors may claim tax deduction, on their contributions according to Iowa State.

3 0
4 years ago
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