How does a managerial role differ from a leadership role? Or is there a direct and deliberate connection between these two? 2. The managerial functions like planning, organizing, leading, and controlling are something we
Answers
The roles of a manager and a leader are distinct but interconnected. While there is overlap between the two, they involve different sets of responsibilities and focus on different aspects of an organization.
Managerial Role:
A managerial role primarily involves tasks related to planning, organizing, and controlling resources within an organization to achieve specific objectives. Managers are responsible for implementing policies, coordinating teams, allocating resources, and ensuring efficient operations. They are accountable for achieving set targets and maintaining the overall functioning of the organization. Managers typically have formal authority and hierarchical positions within the organizational structure.
Leadership Role:
A leadership role, on the other hand, involves inspiring and guiding individuals and teams towards a common vision or goal. Leaders focus on influencing and motivating others, setting direction, and fostering innovation and growth. Leadership is not necessarily tied to a formal position but can emerge from any level of the organization. Leaders inspire trust, encourage collaboration, and empower others to reach their full potential. They often demonstrate qualities such as vision, empathy, and effective communication.
Connection between Managerial and Leadership Roles:
While managerial and leadership roles have distinct characteristics, they are not mutually exclusive. Effective managers often exhibit leadership qualities, and effective leaders need management skills to translate their vision into practical actions. In successful organizations, managers incorporate leadership principles to inspire and motivate their teams, while leaders recognize the importance of managerial functions to ensure efficient execution of strategies. The connection between the two lies in striking a balance between managing resources and people, fostering collaboration, and driving organizational success.
Managerial Functions:
The managerial functions of planning, organizing, leading, and controlling are integral parts of the managerial role. These functions provide a framework for managers to fulfill their responsibilities effectively.
Planning: Involves setting goals, defining strategies, and developing action plans to achieve desired outcomes. Planning provides a roadmap for decision-making and resource allocation.
Organizing: Involves designing the organizational structure, assigning tasks, and creating systems and processes to facilitate efficient operations. It includes allocating resources, establishing roles and responsibilities, and creating coordination mechanisms.
Leading: Involves inspiring, motivating, and guiding individuals and teams towards the accomplishment of organizational objectives. Effective leadership involves setting a compelling vision, fostering positive relationships, and influencing others to achieve their best performance.
Controlling: Involves monitoring progress, evaluating performance, and taking corrective actions to ensure that goals are being met. Controlling includes measuring outcomes, comparing them with established standards, and making necessary adjustments.
These managerial functions are interconnected and iterative, with managers continuously engaging in all four functions to ensure organizational effectiveness and success.
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Related Questions
State two ways in which trade unions could assist workers in addressing non compliance with working conditions
Answers
Ways in which change unions should assist workers in addressing noncompliance with operating conditions are the standard sports of alternate unions consist of supplying assistance and services to their contributors, collectively bargaining for better pay and conditions for all people, and running to enhance the excellent of public offerings, political campaigning, and commercial movement.
The definition of a worker is someone or animal that performs a particular or essential project or who completes duties in a certain way. someone who works in a store is an instance a retail employee. someone who works diligently on his homework for hours a day is an instance of a tough employee.
A person is normally classed as a 'worker' if: they have a contract or other association to do work or offerings personally for praise (a contract may be written or unwritten) their reward is for money or an advantage in type, for example the promise of a settlement or future paintings.
Workers are the people employed by using a selected organization or company. Manpower is all the employees available to paint for a business enterprise or USA. A colleague or co-employee is a person you figure with, mainly in the workplace.
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Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!
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The establishment/items that can ave a single owner includes:
Sole proprietorshipPrivate corporationNon-profit corporationWhat is a single owner?This refers to any form of establishment that can be owned and operated by a natural person.
Therefore, in the list, the Sole proprietorship, Private corporation and Non-profit corporation are establishment that can have a single owner.
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What is the value of a firm that just paid $10
this year, growing by 2%/year forever, if the
interest rate is 5%/year?
Please explain in detail :)
Answers
Value of Firm = $333.33 (rounded) The dividend discount model (DDM) calculates the present value of future dividends. Given a dividend of $10, an interest rate of 5%, and a growth rate of 2%, the value of the firm is determined as $333.33 using the formula: Dividend / (Interest Rate - Growth Rate).
To determine the value of a firm that just paid $10 this year and is expected to grow by 2% per year forever, we can use the dividend discount model (DDM) approach.
The DDM calculates the present value of all future dividends, taking into account the growth rate and the required rate of return (interest rate). The formula for the DDM is as follows:
Value of Firm = Dividend / (Interest Rate - Growth Rate)
In this case, the dividend is $10, the interest rate is 5% per year, and the growth rate is 2% per year. Plugging these values into the formula, we get:
Value of Firm = $10 / (0.05 - 0.02)
Simplifying the expression:
Value of Firm = $10 / 0.03
Value of Firm = $333.33 (rounded to two decimal places)
Therefore, the value of the firm is $333.33.
The DDM approach assumes that the value of a firm is based on the present value of all future dividends. In this case, the firm just paid $10 as the dividend this year. To calculate the present value, we need to discount the dividends by the required rate of return (interest rate) and consider the growth rate.
The difference between the interest rate and the growth rate represents the net return expected by the investor. In this case, the interest rate is 5% per year, and the growth rate is 2% per year. The formula divides the dividend by the net return to calculate the present value of the firm.
By using the formula, we find that the value of the firm is $333.33. This means that, based on the projected dividends and growth rate, and considering the required rate of return, the firm is valued at $333.33.
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_____ include tools and equipment used to produce goods and services.
a. Capital resources
b. Consumer resources
c. Human resources
d. Natural resources
Answers
Answer:
The correct answer is B!
Explanation:
Consumer resources, include tools and equipment used to produce goods and services. Thus, option (b) is correct.
What is goods?
The term goods as the another name was the commodities. The goods are the sold to the exchange of the money. The goods are the produced with the help of raw material. The goods are the based on the two prices, such as the manufacturing prices and retail prices. The goods are the two types are the raw goods and the finished goods.
According to the manufactured goods and services as the companies are the manufacturing to the based on the consumer resources. The foundation is built on economic development. Factors of production are the resources used to create all commodities and services.
As a result, the consumer resources, include tools and equipment used to produce goods and services.
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_____ means transmitting information across functional boundaries in an organization to align all functions with customer expectations.
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characteristics of the local economy
Answers
Answer:
private ownership, freedom of choice,self-interest,optimized buying and selling platforms,competition and limited government intervention.
Explanation:
competition drives the market economy as it optimizes efficiency and innovation
loukas is the ceo of a company that makes laundry detergent. even in this very competitive market, loukas acts with ________ to take actions that benefit the interests of society as well as the organization.
Answers
Loukas acts with social responsibility to take actions that benefit both the interests of society as well as his organization.
It is only acting with social responsibility that balances the interests of society with the interests of the laundry detergent organization.Social responsibility involves checking the resources organizational resources, dealing with social issues, and tackling social problems.Thus, when Loukas acts with social responsibility, it becomes for him to recruit and retain productive employees and achieve profit motives.
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What is a trend in business
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28. (calculation problem). DrZ Inc. stock has a cost of equity of 15.8 percent and its cost of debt is 7 percent. What is the firm's WACC if its debt-equity ratio is 0.65, earnings per share are $1.58 and the tax rate is 25 percent? You must show your calculations.
Answers
The DrZ's WACC if its debt-equity ratio is 0.65, earnings per share are $1.58 and the tax rate is 25 percent is 12.81%. This indicates the required rate of return for the company's investors based on the risk of the company's investments.
The weighted average cost of capital (WACC) of DrZ Inc. can be calculated using the following formula:
WACC = (E/V x Re) + (D/V x Rd x (1-T))
Where,
E = Market value of equity
D = Market value of debt
V = Total market value of the firm (E + D)
Re = Cost of equity
Rd = Cost of debt
T = Tax rate
To calculate the market value of equity and debt, we need to use the debt-equity ratio, which is given as 0.65. This means that for every $1 of equity, the firm has $0.65 of debt.
Therefore, we can calculate the market value of equity as follows:
Market value of equity = (Earnings per share / Cost of equity) x (1 - (Debt-equity ratio))
Market value of equity = ($1.58 / 0.158) x (1 - 0.65) = $3.314
Similarly, we can calculate the market value of debt as follows:
Market value of debt = Debt-equity ratio x Market value of equity
Market value of debt = 0.65 x $3.314 = $2.151
The total market value of the firm can be calculated by adding the market value of equity and debt:
V = Market value of equity + Market value of debt
V = $3.314 + $2.151 = $5.465
Now, we can substitute the values in the WACC formula:
WACC = (3.314/5.465 x 0.158) + (2.151/5.465 x 0.07 x (1-0.25))
WACC = 0.0965 + 0.0316
WACC = 0.1281 or 12.81%
Therefore, the WACC of DrZ Inc. is 12.81%.
In summary, DrZ Inc.'s WACC can be calculated using the debt-equity ratio, cost of equity, cost of debt, earnings per share, and tax rate. The calculation involves finding the market value of equity and debt, and then substituting the values in the WACC formula.
The calculated WACC indicates the required rate of return for the company's investors based on the risk of the company's investments.
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what is the difference between the turbo button and the victim button
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turbo victim: A button inside your head and heart. You press it any time you give away the power you have to change your life
Controling does not require any process comment
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Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answers
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,400.00 $24.00 $38.00 $130,000.00 $460.00 1,040 $720.00 $78.00 21 $32.00 $55.00 439
Answers
Fixed Cost (FC) per month: $8,400.00
Variable Cost (VC) per unit: $24.00
Selling Price (S) per unit: $38.00
Break-even Volume (x) per month: 439
Total Variable Cost at Break-even (TVC) per month: $16,836.00
Total Revenue (TR) per month at Break-Even: $16,682.00
The fixed cost per month is given as $8,400.00. This represents the cost that remains constant regardless of the volume of units produced and sold.
The variable cost per unit is given as $24.00. This is the cost that varies with the number of units produced and sold.
The selling price per unit is given as $38.00. This is the price at which each unit is sold.
The break-even volume per month is given as 439. This represents the number of units that need to be sold in order to cover all the fixed and variable costs.
To calculate the total variable cost at break-even (TVC), we multiply the variable cost per unit ($24.00) by the break-even volume (439). TVC = $24.00 * 439 = $10,536.00.
To calculate the total revenue at break-even (TR), we multiply the selling price per unit ($38.00) by the break-even volume (439). TR = $38.00 * 439 = $16,682.00.
Total Variable Cost at Break-even (TVC) per month: $10,536.00
Total Revenue (TR) per month at Break-Even: $16,682.00
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4. Many jurisdictions/organizations configure their EOCs using the standard _______ organizational structure
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According to the research studies, many jurisdictions/organizations configure their EOCs using the standard Incident Command System (ICS) organizational structure.
The Incident Command System (ICS) is the process or the system which the firms employ to ensure that their Emergency Operations Centers function well and effectively.
The Incident Command System (ICS) is categorized into five major components, which include the following:
Command, Operations, Planning, Logistics, Finance/Administration.Hence, in this case, it is concluded that the correct answer is "Incident Command System (ICS)."
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Select the word or phrase that accurately completes each sentence.
Pressing the Backspace key will delete the text on the .
Pressing the Delete key will delete the text on the .
Answers
Answer:
Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the rightExplanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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An interest in or taking of land for its strategic location or products is called.
Answers
Answer:
Geopolitics
Explanation:
An interest in or taking of land for its strategic location or products is called geopolitics.
Heidi thought she had done everything right to prepare for her math test. She had studied over the last week instead of waiting till the last minute. She got eight hours of sleep, woke up early, and ate a nutritious breakfast. She got to her seat in class early with the materials she would need for the test. However, as the teacher began handing out the test, she panicked.
What could help Heidi reduce her test anxiety?
use flash cards to study for the test
eat something sugary for energy
do visualization and deep breathing
see herself doing poorly on the test
Answers
Answer:
C. do visualization and deep breathing
Explanation:
Edge 2021
Deep breathing and visualization is regarded as a proven method for the purpose of relaxation from the panic situations, and this must be done by Heidi to reduce her anxiety.
What are panic situations?The situations that may bring anxiousness in the regular course of life for a person are regarded as panic situations. This may happen on important occasion in the respective lives of people.
To get relaxed from the anxiety of such situations, like the math test of Heidi in the given example, she must practice deep breaths and visualize whatever her preparations have been for the test.
Hence, option C; Heidi shall practice things like deep breathing and visualization to get out of the anxiety she got in the panic situations of her math test.
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Which personality type might be compatible with a career as an engineer?
A Artistic
B. Protector
C. Idealist
D. Rational
Answers
Answer:
D. Rational
Explanation:
That's The Answer❣️
Smith corporation has a $5,000 credit balance in the income summary account after closing revenues and expenses. what would be the closing entry for the income summary account?
Answers
If Smith corporation has a $5,000 credit balance in the income summary account after closing revenues and expenses. what would be the closing entry for the income summary account is: A debit to the Retained Earnings account for $5,000, A credit to Income Summary for $5,000.
Closing entryAssuming the company has the amount of $5,000 credit balance in the income summary account after closing revenues and expenses. The appropriate closing entry for the income summary account is:
Smith corporation closing entry
A debit to the Retained Earnings account for $5,000
A credit to Income Summary for $5,000
(Income summary account closing entry)
Therefore what would be the closing entry for the income summary account is: A debit to the Retained Earnings account for $5,000, A credit to Income Summary for $5,000.
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Managing proactively instead of reactively is an example of which of the following?
Regrouping
A passive response
Better projection
Good macromanagement
Answers
Answer:
good macromanagement
Explanation:
Answer:
Good macromanagement
Explanation:
textbook
Give (2) examples how we deal with "Scarcity"
Answers
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
PLEASE HELPPPPP due by tomorrow pleaseeee
write a one-page report that details the individual’s job position, education, and career training, current job responsibilities, and what the person enjoys the most about the job position.
Answers
The job description contains sufficient information to describe major responsibilities and essential functions as they exist today. They provide the information necessary to classify the position, not the person; thus they are “incumbent neutral” and not based on any specific quality of an incumbent (such as knowledge, skills, abilities, performance, dedication, loyalty, years of service, or degree). The document should not include every detail of how and what work is performed so that it remains useful even when minor changes occur. Job descriptions can be written as a joint effort between supervisor and employee, but the supervisor must approve.
The following picture is best described as
a(n)...
A. Organism
B. Community
C. Population
D. Ecosystem
Answers
Answer:
organism
Explanation:
a gree fish is an organism
outline 4 reasons why most developing countries rely on extractive levels of production
Answers
Explanation:
The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.
Kayla is a busy entrepreneur who is running a rapidly growing startup. Kayla intends to use social media for recruiting several new employees. What key managerial takeaway would you give to kayla?.
Answers
This important managerial lesson I imparted to Kayla is that she should check Dribbble before hiring a web designer.
Describe Dribbble.For digital designers and creatives, Dribbble is a platform for networking and self-promotion. It is one of the biggest platforms for designers to share their work online and functions as a design portfolio platform, jobs, and recruiting site. All employees work remotely for the distributed business, which has no headquarters.
Dribbble was an invite-only website where designers could share what they were working on when it was beta-launched in 2009 by Dan Cederholm and Rich Thornett. According to the founders, the name "Dribbble" was inspired by the dual metaphors of "bouncing ideas" and "leaking your work."
On July 9, 2009, Cederholm posted the first "Shot," which is a brief screenshot of a designer's active project. It became accessible to the general public in March 2010 and required invitations for new users.
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short-term budgets allow management to periodically evaluate performance and take timely corrective action. true or false?
Answers
A Budget is a plan you write down to decide how you'll spend your plutocrat each month. It's true.
These short- term budgets allow operation to periodically estimate performance and take corrective action. The master budgeting process generally begins with the deals budget and ends with a cash budget and calculated fiscal statements.
Creating a budget is an important pillar for all businesses. It allows you to oversee and more understand whether your business has enough profit( incoming plutocrat) to pay its charges.
A budget prepared for a period lower than a time is called short- term budget. Short term budgets are prepared for factual perpetration and it has a practical value.
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positive factors of bangladesh trading with united states
Answers
Answer: Increased revenues, benefitting from currency exchange
Explanation:
There benefits doing international trade. One of the the things that helps the economy of a nation is how well it does trade it's resources to other nations. Some of the benefits of Bangladesh trading with united states is that it increase the revenue of Bangladesh, and improves if the trade are more. Secondly, they benefit from the currency exchange rates. The United States has one of the best rates when we talk of currencies, and those trading with them will improve their local currencies too.
The annual effective absorbed dose equivalent limit for the general public, assuming infrequent exposure, is:
Answers
The annual effective absorbed dose equivalent limit for the general public, assuming infrequent exposure, is typically set at 1 millisievert (mSv) or 1000 microsieverts (µSv).
This limit is established by regulatory bodies and international standards organizations to ensure the protection of individuals from the potential harmful effects of radiation.
It takes into account various sources of radiation exposure, including medical procedures, natural background radiation, and man-made sources.
By setting a limit, authorities aim to minimize the risk of health effects while still allowing for the benefits of activities involving radiation, such as medical diagnostics and treatments. It's important to note that specific limits may vary slightly between countries and regulations.
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