ECONOMICS
DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Autocratic
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Democratic
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Laissez-faire
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Consensual
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Detailed explanation-1: -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-2: -Authoritative leaders guide their team by example and inspire progression toward a common goal, whereas authoritarian leaders rely on commands and demand compliance without question.
Detailed explanation-3: -Autocratic leadership is generally understood to reflect a particular style of leadership where power and authority are concentrated in the leader, whereas authoritarian leadership reflects a domineering style that generally has negative implications (e.g., House, 1996).
Detailed explanation-4: -Authoritarian leadership, also known as autocratic leadership, is a management style in which an individual has total decision-making power and absolute control over his subordinates.