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Managerial Role
The specific duties and responsibilities assigned to managers, including planning, organizing, leading, and controlling an organization's resources.
Entrepreneur
A person who organizes, manages, and assumes the risks of a business or enterprise, often seen as an innovator or source of new ideas.
Resource Allocator
A role typically assumed by managers or leaders, involving the responsibility of distributing and managing resources within an organization efficiently.
Contingency Approach
The Contingency Approach refers to a management theory that suggests the best way to manage an organization depends on, and is contingent upon, the internal and external situation.
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