by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What is Situational Leadership or Contingency Approaches to Leadership? The situational or contingency approaches to leadership concern how the context of an individuals actions relate to whether they are perceived as a leader or whether...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What is the Big Five Model for Characterizing Leadership Traits? The Big Five Model is a psychological model that seeks to categorize the characteristics of a persons personality. It has been applied to understanding leadership emergence of...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What are Leadership traits? Researchers have students in-depth the personal attributes or traits that correlate with being seen as a leader or being effective as a leader. More specifically, they focused on the personality characteristics...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
[cite] Back to:BANKING, LENDING, & CREDIT INDUSTRY FHA 203(k) Loan An FHA 203(k) loan is a type of mortgage loan that borrowers can take for home renovation and home purchases. The FHA 203(k) loan is government-backed and allows low-income individuals and families...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
[cite] Back to: OPERATIONS, LOGISTICS, & SUPPLY CHAIN MANAGEMENT Process Value Analysis Process Value Analysis (PVA) is the evaluation of a company process or procedure to determine whether it provides adequate value to the customers. The objective is to make...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
[cite] Back to: OPERATIONS, LOGISTICS, & SUPPLY CHAIN MANAGEMENT Hub and Spoke Structure Hub and spoke structure is an operational structure. The primary business center is the central hub. The spokes are lines of business or operations that extend out from the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management Categories of Control Organizational controls can come in various forms, with various characteristics. Understanding how to classify organizational controls can be very useful. Some common categorizations are as follows: Strategic...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is the Controlling Function of Management? The controlling function of management generally means organizational control. That is, its a process by which an organization (through its managers) influences its subunits and...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are Common Types of Organizational Structure? Organizational structure defines the roles, responsibilities, and levels of authority within the company. It identifies who supervisors and direct reports. There are many ways to...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management Considerations for Organizational Design? There are numerous methods or manners for organizational design. The primary elements of Organizational Design include: Hierarchy – Organizations vary in the number of levels that...
