ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which type of leadership style should be used when the group has a strong sense of teamwork and a familiar routine?
A
Laissez Faire
B
Visionary
C
Autocratic
D
Democratic
Explanation: 

Detailed explanation-1: -Often referred to as “laissez-faire, ‘’ a delegative leadership style focuses on delegating initiative to team members.

Detailed explanation-2: -Decoding: how the receiver interprets and understands the message.

Detailed explanation-3: -Section 35.1 The description and analysis includes: type of business; business philosophy; product or service; self-analysis; and trading area analysis.

Detailed explanation-4: -Executive summary. This is your five-minute elevator pitch. Business description and structure. This is where you explain why you’re in business and what you’re selling. Market research and strategies. Management and personnel. Financial documents.

There is 1 question to complete.