ECONOMICS

Detailed explanation-1: -Semi-autocratic. The manager asks subordinates for information needed to make the decision, but still makes the decision alone. Subordinates may or may not be informed of the decision. The role played by subordinates is one of providing information as opposed to generating or evaluating alternative solutions.

Detailed explanation-2: -Also known as Participative Leadership, the Democratic Leadership approach involves gathering input from your subordinates and team members so everyone has a chance to contribute to the decision-making process.

Detailed explanation-3: -Autocratic – “Leader Decides” Autocratic decision making involves the leader maintaining control of and responsibility for the decision. As the collaborative leader you make and announce the decision without consulting the group. Advantages: Autocratic decisionmaking is fast.

Detailed explanation-4: -Authoritarian leaders tend to ignore subordinates’ advice and contributions, while the subordinates perceive that leaders contribute little because they focus more on controlling information and maintaining the hierarchy instead of helping subordinates attain high performance (Farh and Cheng 2000).

Detailed explanation-5: -Autocratic leaders make choices or decisions based on their own beliefs and do not involve others for their suggestion or advice. Description: Autocratic leadership is a form of management style in which one leader or member of the organisation takes decisions on behalf of the company.