ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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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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None of the above
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Detailed explanation-1: -Autocratic leadership will be helpful in situations where a business faces constant change or a crisis. It will be able to react to the situation promptly compared to other leadership styles, because of streamlined organizational structure and quick decision-making ability.
Detailed explanation-2: -Autocratic leaders make decisions without consulting their team members, even if their input would be useful. This can be appropriate when you need to make decisions quickly, when there’s no need for team input, and when team agreement isn’t necessary for a successful outcome.
Detailed explanation-3: -Autocratic leadership leads to quick decision-making Moreover, because autocratic leaders do not seek ideas from their followers, they make solo decisions leading to faster outcomes.