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What Is The Most Effective Mission Statement? What Leadership Style Do Most Compelling?

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1. Review the definition of management at the beginning of the chapter and briefly define each of the 4 functions. What are the challenges in carrying out these functions in today’s hyper-competitive marketplace? Planning, organizing, leading, and controlling. Planning is figuring out what to do and how to get there. Organizing is determining a structure for the jobs and everyone included. Leading is directing and motivating people in the right direction, controlling is checking performances and making sure things are being done correctly and making adjustments. The market moves quickly and things change so making sure things are right and moving also is a huge challenge.
2. Which theory of motivation do you find most compelling? What factors should you consider when choosing a motivational approach? Explain your answers. Expectancy theory. The factors are to always make sure …show more content…

What is the purpose of a mission statement? Why are the most effective mission statements simple, vivid, and compelling? The purpose of a mission statement is to purpose values, core goals, providing framework for all other plans. They get everyone in the company involved from the CEO to the janitor. They all are on the same page and work as one. They have long term goals that are clear, and focus on the organization.
4. What are the characteristics of effective leaders? What leadership style do most effective leaders use? Autocratic, democratic, and free-rein. The leaders does not usually use one style, but changes their leadership style depending on the followers and the situation.
5. If an employee falls short of meeting his or her goals, what factors should a manager consider before engaging in disciplinary action? Explain your answer. First, the manager should communicate to let the employee know what is going on and what is expected. Second, if the employee needs more information then they may need additional research or coaching to help them get back to meeting their

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