quiz 3 doc - Garrett Aryan Quiz 3 MGMT 3303 November 22,...

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Garrett Aryan Quiz 3 MGMT 3303 November 22, 2010
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Question 1: Leading Managing and Leading are often confused and interchanged within the same sentence, and while there are some similarities, there are also several key ideas which set them apart. To help grasp the concept, the book refers to management as getting work done through others. In other words, a general manager at GM does not have the responsibility of manufacturing car parts, but rather to ensure that the employees, who are making them, get the job done correctly and efficiently. A leader is an intelligent executive who is constantly looking for new opportunities in strategizing and development. While leaders display more of a free thinker role that’s constantly looking for new opportunities in their field, market, or company, managers are delegated more towards the inward thinking of the company, such as managing personnel based on their style, goals, needs and motivations. Managers can also take a hands on approach to their company, which deals with the efficiency and effectiveness of the work process. This is no more prevalent than in a company that displays operational excellence. AT&T is a company that displays excellent operation excellence, and they do so through their managing policy. AT&T feels that harnessing and enhancing the power of the employee through excellent management is the only way to stay competitive in modern day business. They used their superb management to place them in fortune 500’s top 10 companies with annual revenues at $123 billion dollars. AT&T ensures
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This note was uploaded on 10/10/2011 for the course MANAGEMENT 3343 taught by Professor Staff during the Spring '11 term at Texas State.

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quiz 3 doc - Garrett Aryan Quiz 3 MGMT 3303 November 22,...

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