The Textbook Makes Several Distinctions Between Management and Leadership

question 19

Multiple Choice

The textbook makes several distinctions between management and leadership.These distinctions include all of the following EXCEPT

• A) leadership is more involved in motivating and inspiring individuals.
• B) management is more important in regards to creating and directing change.
• C) leadership is more concerned with establishing direction.
• D) management is more concerned with planning and budgeting.
• E) management more often focuses on controlling and problem solving.

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Definitions:

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are managed by professionals.

Documentary Collection

A financial transaction in which a seller instructs their bank to forward documents related to the export of goods to the buyer's bank with instructions for payment.

Commercial Letter

A document used in international trade, containing information about a transaction or agreement between businesses.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.