COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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democratic
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autocratic
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situational
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open
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Detailed explanation-1: -Also called the authoritarian style of leadership, this type of leader is focused almost entirely on results and efficiency. They often make decisions alone or with a small, trusted group and expect employees to do exactly what they’re asked.
Detailed explanation-2: -Autocratic. Autocratic leaders also tend to be strict and provide clear plans and instructions to their team, which they expect to be followed.
Detailed explanation-3: -Leaders who use the autocratic style typically make all the decisions with little to no input from others. It’s important to distinguish dictators from these leaders. All dictators are autocratic leaders, but not all autocratic leaders are necessarily dictators.
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.