Examlex

Solved

According to Warren Bennis,a Distinction Between Leaders and Managers Is

question 17

Short Answer

According to Warren Bennis,a distinction between leaders and managers is that the manager accepts the status quo,but the leader ______ it.


Definitions:

Capital Balance

The amount of money that owners have invested in a company that has not been repaid or withdrawn.

Manager-Managed

A management structure in which a company is overseen by professional managers rather than its owners or members.

Member-Managed

Refers to a type of management structure in an LLC where all members participate in the decision-making processes.

Limited Liability Company

An enterprise configuration that amalgamates the individual taxation approach of sole proprietorships or partnerships with the capped liability advantages of a corporation.

Related Questions