Distinguish Between Leadership and Management by Identifying at Least Four

question 24

Essay

Distinguish between leadership and management by identifying at least four characteristics of each.

Recognize the impact of resource utilization and goal attainment on organizational performance.

Identify current organizational trends and their implications for management practices.

Describe the activities and responsibilities of different levels of managers within organizations.

Comprehend the concept of productivity and its relationship to efficiency and effectiveness.

---

Definitions:

Corporation

A legal entity that is separate and distinct from its owners, offering Limited liability to its shareholders, and having the ability to raise capital through issuing stock.

Non-profit

A non-profit organization is one that operates for a collective, public or social benefit, rather than to make money for its owners or investors.

Sole Proprietorship

A type of business structure owned and run by one individual where there is no legal distinction between the owner and the business.

Multiple Owners

A business structure where two or more individuals share ownership and responsibilities of managing the business.