Business Management 1A
Business Management A1
Marius Philippus Honiball
Student Number: 123708
Bachelor of Commerce
Information and Technology Management
Table of Contents
Question 1.1……………………………………………………………… 2
Question 1.2……………………………………………………………… 2
Question 1.3……………………………………………………………… 3
Question 2.1…………………………………………………………….... 3
Question 2.2…………….………………………………………………… 4
Question 3………………………………………………………………… 6
Question 4.1………………………………………………………………. 7
Question 4.2………………………………………………………………. 7
Question 4.3………………………………………………………………. 9
Bibliography………………………………………………………………. 10
1
Question 1.1
“Young leaders are know-it-all show-offs who fail to respect their seniors and lack the knowledge and experience to lead the organization”. Keeping in line with the above statement, differentiate between management and leadership.
The difference between management and leadership is the way that managers and leaders motivate the people who work or follow them, and this sets the tone for most other aspects of what they do. Management budgets where leadership sets a vision.
Management organises staff, where leadership aligns people. Management is controlling and problem solving, where leadership motivates people. Managers have subordinates where leaders have followers. A manager asks how and when, while a leader will ask what and why, which can make a young leader seem to lack knowledge and experience. A manager accepts the status quo, where a leader will again challenge it, which could also make them look like know-it-all show-offs.
Question 1.2
Discuss the nature and elements of leadership that Tran Thuy Trang possesses making her a good leader.
Authority:
Tran Thuy Trang had authority given by the organisation she worked for that gave her a leadership position. That authority gave her the right to give instructions and delegate work to subordinates
Power:
Tran Thuy Trang had the ability to influence workers, without using her authority.
Various types of power exist and include legitimate, reward,
Marius Philippus Honiball
Student Number: 123708
Bachelor of Commerce
Information and Technology Management
Table of Contents
Question 1.1……………………………………………………………… 2
Question 1.2……………………………………………………………… 2
Question 1.3……………………………………………………………… 3
Question 2.1…………………………………………………………….... 3
Question 2.2…………….………………………………………………… 4
Question 3………………………………………………………………… 6
Question 4.1………………………………………………………………. 7
Question 4.2………………………………………………………………. 7
Question 4.3………………………………………………………………. 9
Bibliography………………………………………………………………. 10
1
Question 1.1
“Young leaders are know-it-all show-offs who fail to respect their seniors and lack the knowledge and experience to lead the organization”. Keeping in line with the above statement, differentiate between management and leadership.
The difference between management and leadership is the way that managers and leaders motivate the people who work or follow them, and this sets the tone for most other aspects of what they do. Management budgets where leadership sets a vision.
Management organises staff, where leadership aligns people. Management is controlling and problem solving, where leadership motivates people. Managers have subordinates where leaders have followers. A manager asks how and when, while a leader will ask what and why, which can make a young leader seem to lack knowledge and experience. A manager accepts the status quo, where a leader will again challenge it, which could also make them look like know-it-all show-offs.
Question 1.2
Discuss the nature and elements of leadership that Tran Thuy Trang possesses making her a good leader.
Authority:
Tran Thuy Trang had authority given by the organisation she worked for that gave her a leadership position. That authority gave her the right to give instructions and delegate work to subordinates
Power:
Tran Thuy Trang had the ability to influence workers, without using her authority.
Various types of power exist and include legitimate, reward,
Bibliography: Cronje, G.J de J., du Toit, G.S., Motlatla, M.D.C. (Eds) (2000) Introduction to Business Management 5th Ed Cronje, du Toit, Marais, Motlalta (2004) Introduction to Business Management 6th Edition Du Toit, Erasmus and Strydom (2013) Introduction to Business Management, 8th Edition, Oxford University Press: Southern Africa Murry, A. (2013) The Wall Street Journal Guide to Management. What is the Difference between management and leadership [online]