Managers, Leadership and decisions Flashcards
what do managers do?
- manage staff
- set objectives
- analyse
- review performance
- make decisions
what is an autocratic leadership style?
demanding employees to obey without considering anyone’s opinions
what’s a democratic leadership style?
when employees have a say in decision making but managers will make the overall decision
what’s laissez faire leadership?
when everyone makes their own decisions and there is no leadership
what’s a paternalistic leadership style?
management that is given out as a patriarch or matriarch treating employees as though they are extended family members
what’s a stakeholder?
an individual or group with a direct interest or influence on the activities/performances of a business
what are 3 internal stakeholders?
- owners
- managers
- employees
what are some external stakeholders?
- government
- suppliers
- customers
- investors
- shareholders
what are the 4 sectors of Tannenbaum + Schmidt?
Tell, Sell, Consult, Joins
