ENTREPRENEURSHIP

Detailed explanation-1: -Laissez-faire leaders have an attitude of trust and reliance on their employees. They don’t micromanage or get too involved, they don’t give too much instruction or guidance. Instead laissez-faire leaders let their employees use their creativity, resources, and experience to help them meet their goals.

Detailed explanation-2: -Warren Buffett may be the most surprising name among successful laissez-faire leaders. Buffett is known for taking a hands-off approach toward leadership of the many companies he owns, or in which he invests after actively canvassing the industries he favors.

Detailed explanation-3: -Laissez-faire leadership is seen as a passive style and refers to a situation where the leader is hesitant and often unwilling to influence subordinates, preferring to allow them more freedom.