management, leadership, decision making definitions (CEE)

Question 1

autocratic leadership

Answer 1

imposing strict descisions on a group. little or no prior discussion and limited choice allowed. strict control.

Question 2

blake mouton grid

Answer 2

graphical portrayal of leadership styles through a managerial matrix. shows the type of management style in terms of their concern for people and concern for production

Question 3

consultation

Answer 3

discovering the views of others, used to amend original strategy

Question 4

country club leadership

Answer 4

manager most concerned about their team members feelings, assume that if they are happy + secure they will work hard
relaxed + coonfortable work environmen, productivity suffers due to lack of direction and control

Question 5

descision tree

Answer 5

a diagram showing options available and the probabilitiy of the outcomes resulting from these descisions

Question 6

democratic leadership

Answer 6

allowing group discussion to influence final descision. leaders mix with subordinates

Question 7

expected value

Answer 7

most likely financial outcome from specific strategy, take into account the probability of success and failure

Question 8

impoverished leadership

Answer 8

low regard for creating systems that get the job done, little interest in creating a satisfying or motivating team environment

Question 9

laissez-fair leadership

Answer 9

minimal input, delegating heavily and leaving staff to make necessary decisions

Question 10

manager centered leadership

Answer 10

one end of the Tannenbaum and Schmidt continuum un which the manager makes descisions and announces without consultation

Question 11

middle of the road leadership

Answer 11

manager tries to balance results and people, fail to inspire high performance whilst failing to meet peoples needs fully

Question 12

opportunity cost

Answer 12

the cost of the foregone alternative. th next best thing that is given up when a course of action is undertaken

Question 13

peoduce or perish (authoritarian)

Answer 13

teams needs secondary to productivity. autocratic + strict, can result in impressive production but low team morale affect performance

Question 14

scientific descision making

Answer 14

attempt to make logical descision based on data and analysis

Question 15

stakeholders

Answer 15

any individual or group in society hat has an interest in a business and is affected by its descisions

Question 16

tannenbaum schmidt continuum

Answer 16

shows where mangers approach lies on a spectrum, running from autocratic (left) to laissez-faire (right)