ENTREPRENEURSHIP

Detailed explanation-1: -Laissez-faire leaders allow their followers to have the autonomy to make their own decisions and manage their own desks. They give their team support, guidance, consultation, and training when it’s needed, but trust them to handle the details and execution of their tasks and projects.

Detailed explanation-2: -At work: Leaders and supervisors stand back and let their employees make decisions and may let them set their own deadlines. 2 They don’t offer much feedback. 3. In government: A political leader who exhibits laissez-faire leadership would leave decisions to subordinates and provide little direction.

Detailed explanation-3: -One of the chief criticisms of laissez-faire is that capitalism as a system has moral ambiguities built into it: It does not inherently protect the weakest in society. While laissez-faire advocates argue that if individuals serve their own interests first, societal benefits will follow.