ECONOMICS

Detailed explanation-1: -Autocratic-manager makes the decision alone. Semi-autocratic-manager asks subordinates for information but still makes the decision alone. Leading-manager asks subordinates for advice before making the final decision. Collaborative-group decision making with manager making the final decision.

Detailed explanation-2: -Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.

Detailed explanation-3: -In authoritarian decision making, leaders make the decision alone without necessarily involving employees in the decision-making process. When leaders use democratic decision making, employees participate in the making of the decision.

Detailed explanation-4: -Definition: Autocratic leadership is a management style wherein one person controls all the decisions and takes very little inputs from other group members. Autocratic leaders make choices or decisions based on their own beliefs and do not involve others for their suggestion or advice.