COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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autocratic
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accommodating
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collaborative
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leading
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Detailed explanation-1: -Democratic management style The democratic management style is rooted in collaboration. These types of leaders seek input from their employees before making business decisions or delivering solutions.
Detailed explanation-2: -Autocratic leadership: This is one of the strictest types. Autocratic leaders tend to have complete control over the decision-making process. This leadership style can be effective when decision-making is urgent or workmanship is routine.
Detailed explanation-3: -Democratic leadership, also sometimes known as participative leadership, is a leadership style characterized by the leader’s choice to involve team members in the decision-making process. In all decisions, the leader has the final say, but they make decisions according to the input they receive from his team.
Detailed explanation-4: -Definition of participative leadership Participative leadership is a style of leadership in which all members of the organization work together to make decisions. Participative leadership is also known as democratic leadership, as management teams encourage all employees to participate.