ENTREPRENEURSHIP

Detailed explanation-1: -Definition: Autocratic leadership is a management style wherein one person controls all the decisions and takes very little inputs from other group members. Autocratic leaders make choices or decisions based on their own beliefs and do not involve others for their suggestion or advice.

Detailed explanation-2: -Under an autocratic leader, there’s no question who has the final say, whether it be on a critical business decision or how the company is run. When roles, rules, and processes are clearly defined in this leadership style setting, things tend to run smoothly and efficiently since one person is calling all the shots.

Detailed explanation-3: -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.

Detailed explanation-4: -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).