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Leadership and Management in the Business World

Brief Description:

An in-depth study of the roles of leadership and management in the business world and how they interact with one another.
Citation: APA; Page: 13 ( 3254 words), 2009


The paper examines the importance of taking business management as an applied science and points out that business management is confined to the individual organization. A profitable business is largely depends on its clear and specific objective which are meet efficiently by applying effective business strategies. The paper further focuses on the role of leadership in business management and intrinsic differences must not be neglected while interacting with each other.

For some, leadership and management are two different concepts that should not be mingled. But according to Dubin, traditional way of management such as ordering can not apply more to deal with various complicated situations and issues exist within the business environment. Thus, there are two perspectives to deal this issue. Theoretical framework of both of the concepts; leadership and management, does not allow relating both owing to theoretical differences. But on the other hand, leadership is believed to be an intrinsic component of management. Second perspective is more closely related to real situation which emphasizes on relating leadership with management.

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