3.2.1 Understanding management, leadership and decision making

• Management and leadership are interchangeable concepts.

  False
• Match the management function with its definition:

  Planning ↔️ Setting goals and strategies

  Organising ↔️ Structuring tasks and allocating resources

  Leading ↔️ Motivating and directing employees

  Controlling ↔️ Monitoring performance and making adjustments
• What is the primary goal of leadership?

  Achieving long-term strategic objectives
• Steps in the management process

  1️⃣ Planning

  2️⃣ Organizing

  3️⃣ Leading

  4️⃣ Controlling
• Leadership is the ability to influence and guide others towards achieving common goals through motivation, vision, and effective communication
• Leadership is about inspiring and guiding people towards a shared vision
• A transformational leader inspires the team to achieve ambitious goals through motivation and vision
• What is the definition of leadership?

  Influence and guide others
• Leadership is about inspiring people, while management focuses on operational efficiency.


  True
• The primary goal of management is to achieve long-term strategic objectives.

  False
• What is an example of an internal factor influencing decision-making?

  Availability of data
• Factors influencing decision-making can be both internal and external
• Factors influencing decision-making can be both internal and external


  True
• Match the internal and external factors influencing decision-making:

  Resources (Internal) ↔️ Budget and personnel

  Resources (External) ↔️ Availability in the broader environment
• Match the management theory with its key focus:

  Human Relations ↔️ Human relationships and social factors

  Contingency Theory ↔️ Adaptation to specific situations
• Charismatic Leadership relies on personal appeal and emotional connection

  True
• Transformational Leadership requires leaders who can consistently inspire others


  True
• What is the definition of management?

  Efficient planning, organizing, leading, and controlling resources
• What are the key management functions?

  Planning, organizing, leading, controlling
• What are the three key aspects of leadership?

  Motivation, vision, communication
• What is the primary goal of management?

  Meeting short-term targets
• Leadership and management have identical goals and approaches.

  False
• Match the key aspect of leadership with its description:

  Motivation ↔️ Inspiring team members to perform at their best

  Vision ↔️ Clearly outlining future objectives and direction

  Communication ↔️ Conveying ideas and expectations effectively
• The primary goal of leadership is achieving long-term growth
• Management involves the efficient planning, organizing, leading, and controlling of an organization's resources
• Vision in leadership involves clearly outlining future objectives and direction
• What are the four main functions of management?

  Planning, organizing, leading, controlling
• Match the management style with its description:

  Autocratic ↔️ Makes all decisions with little input

  Democratic ↔️ Involves team in decision-making

  Laissez-faire ↔️ Provides minimal direction

  Participative ↔️ Collaborates and considers feedback
• Transactional managers reward or punish based on performance.


  True
• The decision-making process begins with identifying the problem or opportunity
• Match the internal and external factors influencing decision-making:

  Information (Internal) ↔️ Availability of data within the organization

  Information (External) ↔️ Access to market intelligence

  Time (Internal) ↔️ Pressure to make a quick decision

  Time (External) ↔️ Deadlines and time constraints
• An organization's risk tolerance is an internal factor influencing decision-making


  True
• The Hawthorne studies are an example of the Human Relations theory

  True
• Match the management theory with its key concept:

  Scientific Management ↔️ Job simplification

  Human Relations ↔️ Teamwork

  Contingency Theory ↔️ Flexibility

  Transformational Leadership ↔️ Vision

  Charismatic Leadership ↔️ Emotional connection
• What is the definition of leadership?

  The ability to influence and guide others
• Leadership involves the ability to influence others through motivation, vision, and effective communication
• Leadership focuses on inspiring change and growth, while management focuses on planning and organizing tasks.


  True
• Management is focused on operational aspects, while leadership is about inspiring and guiding people
• While management and leadership are related, they have distinct differences
• In leadership, the focus is on inspiring change and growth