Reference no: EM133110673

We learned about the management's role in the achievement of organizational objectives. We learned about the major functions and levels of management.

1. What is the significance of a mission statement? Research the mission statement of your organization or a well-known entity. Does the mission statement accurately answer the questions identified in your textbook that a good mission statement should answer?

2. Describe the four functions of management. Which, if any, do you feel is the most important?

3. How would a sole proprietorship differ from a corporation when performing the five functions of management?

4. Your textbook identifies three level of management. Do you feel that any one is more important than the other?

5. If you were to create a business, what type of leadership style would you embody? Provide a real-world example of this type of leader and describe why this style was successful for him/her.