Managers, Leadership And Decision Making

Question 1

Leadership

Answer 1

Deciding on a direction for a company in relation to its objectives and inspiring staff to achieve those objectives

Question 2

Management

Answer 2

Getting thing a done by organising other people to do it

Question 3

What are the types of leadership?

Answer 3

•autocratic
•democratic
•Laissez Faire
•paternalistic

Question 4

Autocratic

Answer 4

where the leader makes decisions and has a lot of control over employees

Question 5

democratic

Answer 5

where the leader encourages decision making from different perspectives and employees are consulted before leader makes decisions

Question 6

laissez faire

Answer 6

where leaders let employees get on with tasks and encourage them to take initiative

Question 7

paternalistic

Answer 7

where the leader consults employees but leader makes all the decisions and acts as a father figure

Question 8

advantages and disadvantage of autocratic leadership

Answer 8

+decisions can be made quickly
-staff may feel demotivated

Question 9

advantages and disadvantage of democratic leadership

Answer 9

+ can motivate staff
+ staff have ownership over their ideas
+encourages creativity and team work
-can delay decision making

Question 10

advantages and disadvantage of laissez faire leadership

Answer 10

+ more creativity
+encourages team work
+can be motivational
-coordination can be challenging
-relies on good team work
- relies on good interpersonal relations

Question 11

advantages and disadvantage of paternalistic leadership

Answer 11

+ staff feel supported
+decisions can be made quickly
-being closely supervised can be demotivating

Question 12

What are the factors which affect leadership style?

Answer 12

the task
work culture
type of labour force (skilled/unskilled)
time available
leader’s personality
company structure

Question 13

what is scientific decision making and what are the pros and cons?

Answer 13

making decisions based off data
+supported by quantitive data
+logical
-may be expensive
-time consuming

Question 14

what is intuitive decision making and what are the pros and cons?

Answer 14

making decisions based on “gut feeling”
+quick
+more creative
-difficult to justify
-reliant on experience

Question 15

what are the steps for making decisions?

Answer 15

set objectives
gather data
analyze data
make decision
implement decision
review decision
(on god a mouse is rad)

Question 16

opportunity cost

Answer 16

the loss of other alternatives when when an alternative is chosen

“you can’t have your cake and eat it”

Question 17

what does the x and y axis represent in the Blake mouton grid?

Answer 17

y- concern for people
x- concern for result

Question 18

On the Blake Mouton grid what is the category which represents low concern for people and low concern for result?

Answer 18

improvished management

Question 19

On the Blake Mouton grid what is the category which represents high concern for people and low concern for result?

Answer 19

country club management

Question 20

On the Blake Mouton grid what is the category which represents low concern for people and high concern for result?

Answer 20

produce or perish
/authority obedience

Question 21

On the Blake Mouton grid what is the category which represents high concern for people and high concern for result?

Answer 21

team management

Question 22

On the Blake Mouton grid what is the category which represents middle concern for people and middle concern for result?

Answer 22

middle of the road management
/man management

Question 23

what does the Tannenbaum schmidt measure?

Answer 23

how authoritarian vs how much freedom a business gives employees

Question 24

what are the 4 main parts of the Tannenbaum Schmidt continuum?

Answer 24

1. Tells
2. Sells
3. Consults
4. Abdicates

Question 25

stakeholder

Answer 25

anyone with an interest in the actions of a business

Question 26

low power and low interest is what category on a stakeholder map?

Answer 26

monitor

Question 27

low power and high interest is what category on a stakeholder map?

Answer 27

keep informed

Question 28

high power and low interest is what category on a stakeholder map?

Answer 28

keep satisfied

Question 29

high power and high interest is what category on a stakeholder map?

Answer 29

manage closely