Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 13.4, Problem 1CC
What are the trait perspectives on leadership?
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Assume that your business is going to apply for a bank loan. Step into the shoes of a banking official who has the power to say yes or no to your loan application. From the bank’s vantage point, what are the strengths and weaknesses of your business plan? Does your plan seem realistic, given the financial assumptions and the business environment? What questions would you, as a bank officer, ask about your business plan? As the entrepreneur behind the business plan, how would you answer these questions and persuade the bank to approve your loan? Write up your questions and answers in one paragraph. Then use what you’ve learned to further strengthen your plan.
Assume that your business is going to apply for a bank loan. Step into the shoes of a banking official who has the power to say yes or no to your loan application. From the bank’s vantage point, what are the strengths and weaknesses of your business plan? Does your plan seem realistic, given the financial assumptions and the business environment? What questions would you, as a bank officer, ask about your business plan? As the entrepreneur behind the business plan, how would you answer these questions and persuade the bank to approve your loan? Write up your questions and answers in one paragraph. Then use what you’ve learned to further strengthen your plan.
Even before you launch your business, you have to be ready to handle the funds that will flow in and out as you buy raw materials, pay rent, receive customer payments, and reserve cash to pay taxes. Which financial services should you have in place on your first day in business? Which might be needed months later, after you’ve established your business? Write two to three sentences about your company’s need for financial services, now and during the first year.
Chapter 13 Solutions
Principles of Management
Ch. 13.1 - What is the nature of leadership and the...Ch. 13.2 - Why would start-up leaders need different...Ch. 13.2 - Vaynerchuk has been quoted as saying that if you...Ch. 13.2 - What are the processes associated with people...Ch. 13.3 - What is the role of the leader and follower in the...Ch. 13.3 - How do the theories of Tannenbaum and Schmidts...Ch. 13.4 - What are the trait perspectives on leadership?Ch. 13.5 - What are the behavioral approaches to defining...Ch. 13.5 - What roles do gender and the popular perceptions...Ch. 13.6 - Identify and describe the variables presented in...
Ch. 13.6 - What are the leadership behaviors in the path-goal...Ch. 13.6 - What role does culture have in how leadership is...Ch. 13.6 - What are the differences between the trait,...Ch. 13.7 - What do you think are the most important qualities...Ch. 13.7 - How do you think a leader can use feedback to...Ch. 13.7 - Identify and describe substitutes of leadership.Ch. 13.8 - In the summer of 2017, Transport of London (TfL)...Ch. 13.8 - What steps do you think Ubers new CEO, Dara...Ch. 13.8 - Despite Ubers apparent success in launching in...Ch. 13.8 - What are the defining characteristics of...Ch. 13.9 - What is the role of leadership in the 21st...Ch. 13 - Define leadership and distinguish between...Ch. 13 - Discuss the processes associated with people...Ch. 13 - Discuss the different forms of power available to...Ch. 13 - It has been observed that effective leaders have...Ch. 13 - Both the Ohio State University and University of...Ch. 13 - Blake and Moutons work with the Leadership Grid®...Ch. 13 - Identify and describe the three situational...Ch. 13 - What are the four leadership behaviors in the...Ch. 13 - Discuss the differences between the internal and...Ch. 13 - What are substitutes for leadership? What are...Ch. 13 - What are the distinguishing features of the...Ch. 13 - How have other airlines handled similar...Ch. 13 - How much was in United Airliness control, and how...Ch. 13 - How did the other airlines or the industry respond...
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