ENTREPRENEURSHIP

Detailed explanation-1: -Participative or democratic leaders welcome everyone’s opinions and encourage collaboration. While they might have the final say, these leaders distribute the responsibility of making decisions to everyone. Participative leaders are part of the team.

Detailed explanation-2: -Participative Leadership Sometimes referred to as democratic leadership, participative leadership is a leadership style that encourages leaders to listen to their employees and involve them in the decision-making process.

Detailed explanation-3: -Participative (Democratic) Leadership Those leaders practicing the participative leadership style offer guidance to the group, as for their input in decision making but retain final say.

Detailed explanation-4: -Transactional leadership, also known as managerial leadership, is a leadership style where leaders rely on rewards and punishments to achieve optimal job performance from their subordinates.