ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Define laissez-faire
A
The group come up with a decision and everyone put their input
B
The decision was left to one person which is the leader
C
Leader gives up authority over a decision and presents a series of options to the full group to vote on.
D
Decision making is left to the initiative of the group, leaders make the few decisions and allow staff to choose appropriate workplace solutions.
Explanation: 

Detailed explanation-1: -Laissez-faire leaders have an attitude of trust and reliance on their employees. They don’t micromanage or get too involved, they don’t give too much instruction or guidance. Instead laissez-faire leaders let their employees use their creativity, resources, and experience to help them meet their goals.

Detailed explanation-2: -The term Laissez-faire is of French origin and translates to “letting people do as they choose.” This leadership style is the complete opposite of micromanaging. Laissez-faire leaders allow their followers to have the autonomy to make their own decisions and manage their own desks.

Detailed explanation-3: -A laissez faire leader is someone who is able to sit back and trust their employees to use their skills and experience to determine their own structures and processes. Listening and learning from them is, therefore, a key aspect of being a great laissez faire leader.

Detailed explanation-4: -Delegative leadership, referred to by many as laissez-faire leadership, is a less intrusive style where a leader delegates tasks and initiatives to individual team members. Delegative leadership is considered less intrusive because it gives more control and power to the team.

Detailed explanation-5: -Listening To Team Members Take a case where an employee approaches a team lead with a problem. In a good example of laissez-faire leadership, the leader would hear the employee out, and then propose a meeting of the whole team where the matter could be openly discussed.

There is 1 question to complete.