Assignment:
Read the following scenario:
Recently, Acme, Inc.'s revenue has decreased, while its costs have increased. You and two other consultants have been asked to investigate the problem. When you meet with the other consultants, one says that it is a management problem, and the other says that it is a leadership problem.
Answer the following questions, in 1 to 2 pages:
- Could both consultants be correct at the same time? If so, explain how.
- What is the difference between effective management and effective leadership according to the text?
- Describe an example of how an effective manager would help address the problems of Acme, Inc.
- Describe an example of how an effective leader would help address the problems of Acme, Inc.
Note: Add detail to the scenario as needed to respond to the questions.