Questions for Analysis (Individual Assignment)
- 5-5.Relate the five basic management skills (technical, human relations, conceptual, decision-making, and time management) to the four activities in the management process (planning, organizing, leading, and controlling). For example, which skills are most important in leading?
- 5-6.Describe the difference between leadership and management.
- 5-7.What contingencies would a major retailer of home improvement supplies need to consider in planning? How do you think the organization would address those risks?
- 5-8.Some business people claim that â€œculture trumps mission.â€ What do you think that statement means and how would that affect the corporate strategy?