According to Warren Bennis

question 30

Multiple Choice

According to Warren Bennis

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

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Definitions:

Defined Contribution Plans

A type of retirement plan where the employer, employee, or both make contributions on a regular basis, but future benefits are based on the amount contributed and the performance of the investment options chosen by the participant.

Cash

A form of liquid asset that represents money in physical form, such as banknotes and coins.

Employer

An entity or individual that hires employees or workers.

Pension Expense

The cost recognized by an employer for maintaining a pension plan for its employees over a period.