ADMINISTRATION & LEADING
AUTHORITY
Right to make decision, use resources and issue order.
4 LEVEL OF AUTHORITY
Inform
Recommend
Report
Full authority
LEGAL PROVISON
Clause/statement in a contract or law that specifially need to be done
Agreement involving 2 different parties
LIABILITY
Bad debt
Maintainance
Transportation
RISK MANAGEMENT
Dealing with the possibility that some future event will cause harm
INSURANCE
Essential components of managing and financing risk
LEADERSHIP STYLE
AUTOCRATIC
Individual control over all decision
DEMOCRATIC
Member have right to take part in decision making
LAISSEZ FAIRE
Leader only take a little part in decision making. not give ay responsibility
TYPE OF LEADER
FORMAL LEADER
Appoint by the body or company
INFORMAL LEADER
Appoint by team member
RESPONSIBILITY
Obligation to achive objectives by performing required activities
ACCOUNTABILITY
Ultimately responsible and answerable on the action