ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Employees get closer to customers
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Employees are more loyal to the business
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Staff are motivated through involvement
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Decision-making likely to be slower
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Detailed explanation-1: -There are many benefits offered by democratic leadership. We’ve discussed how it can encourage participation, boost confidence, strengthen relationships, prioritise good qualities like honesty, and have noticeable impacts on morale.
Detailed explanation-2: -Advantages of democratic leadership include creating employee job satisfaction and encouraging innovation and creative solutions to organizational issues and problems. Disadvantages can include reduction of efficiency and problems with accountability.
Detailed explanation-3: -Results in slow decision-making process. Not effective in a crisis. Shows a lack of expertise. Chances of dealing with rejection. Every option does not get valued. 04-Nov-2022
Detailed explanation-4: -Difficult during a crisis when problems need immediate attention. Too many ideas being shared can cause some employees to feel devalued if their idea is not followed. With multiple perspectives to consider, decision-making takes time and operations can be slowed down. More items •01-Dec-2022