What is leadership primarily about?

• Managing resources effectively

• Influencing and directing people to meet goals

• Setting objectives and achieving them

• Making decisions for a firm

What is the main focus of management?

• Inspiring people

• Influencing a group

• Using resources and making decisions to meet objectives

• Motivating employees

Who are leaders according to the text?

• People who manage resources

• People who set objectives

• People who inspire and motivate others

• People who make decisions for a firm

What role do managers play according to the text?

• Influencing people

• Setting objectives and deciding how to achieve them

• Motivating employees

• Directing people to meet goals

How are leaders and managers often described in the text?

• Completely different roles

• Always separate individuals

• One and the same person

• Opposing forces in a company

What is a key benefit of involving both superiors and subordinates in setting objectives?

• It reduces the need for communication.

• It creates a common focus and greater support for the objectives.

• It eliminates the need for team spirit.

• It ensures objectives are never changed.

What is a potential downside of the management by objectives process?

• It is always quick and easy.

• It requires no coordination.

• It can be time-consuming and generate conflict.

• It guarantees no disagreements.

What effect does management by objectives have on team spirit?

• It diminishes team spirit.

• It generates team spirit, making it easier to achieve objectives.

• It has no effect on team spirit.

• It makes team spirit irrelevant.

What can arise between leaders, managers, and employees when setting objectives?

• Complete agreement

• A "tug of war"

• Instant success

• Unanimous decisions

What is one of the main aims of Management by Objectives (MBO)?

• To increase profits by reducing employee numbers

• To increase motivation by sharing business objectives

• To centralize decision-making processes

• To eliminate departmental targets