schedule C Flashcards

(39 cards)

1
Q

autocratic leader

A

the leader makes all the decisions and doesn’t consult staff below them in the hierarchy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

advantages of autocratic leadership (3 points)

A
  • good for making quick decisions
  • clear direction
  • efficient
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

disadvantages of autocratic leadership (4 points)

A
  • can demotivate employees as they dont have a voice
  • limited creativity and innovation as idea are coming from one person
  • can lead to high labour turnover
  • organisation may become overly dependant on the leader
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

democratic leader

A

the leader involves workers in decision making before reaching their final decision

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

advantages of democratic leadership (4 points)

A
  • increased employee morale
  • enhanced creativity and innovation
  • better problem solving
  • higher flexibility/adaptability
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

disadvantages of democratic leadership (5 points)

A
  • time consuming
  • potential for conflict
  • lack of direction in crisis
  • not suitable for all situations
  • dependancy on team competence
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

paternalistic leader

A

leader discusses decisions with the team but will make their own final decision

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

advantages of paternalistic leadership (5 points)

A
  • high employee well-being
  • high employee motivation
  • quick decision making if needed
  • low labour turnover
  • clear direction
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

disadvantages of paternalistic leadership (5 points)

A
  • lack of employee autonomy
  • leaders may have resistance to change
  • employees may become over dependant on leader
  • inequality in the business
  • limited feedback as employees may fear repercussions
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

laissez-faire leader

A

leader allows others to make their own decisions and only occasionally steps in to make decisions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

advantages of laissez-faire leadership (5 points)

A
  • high creativity and innovation
  • employee empowerment
  • flexible work environment
  • expertise utilisation
  • adaptability
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

disadvantages of laissez-faire leadership (4 points)

A
  • lack of direction
  • risk of poor decision making
  • accountability issues
  • risk of chaos
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Blake Mouton grid: low concern for production high concern for people

A

country club management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Blake Mouton grid: low concern for production low concern for people

A

impoverished management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Blake Mouton grid: high concern for production low concern for people

A

autority obedience

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Blake Mouton grid: high concern for production high concern for people

A

team management

17
Q

Blake Mouton grid: medium concern for production medium concern for people

A

middle of the road management

18
Q

Tannembaum Schmidt continuum: 1

A

manager makes and announces decisions

19
Q

Tannembaum Schmidt continuum: 2

A

manager sells decisions to the employees

20
Q

Tannembaum Schmidt continuum: 3

A

manager presents decision with ideas and invites questions

21
Q

Tannembaum Schmidt continuum: 4

A

manager suggests decision and invites questions

22
Q

Tannembaum Schmidt continuum: 5

A

manager presents situation, gets feedback, then decides

23
Q

Tannembaum Schmidt continuum: 6

A

manager explains parameters and asks team to decide

24
Q

Tannembaum Schmidt continuum: 7

A

manager allows team to develop options and decide based within managers limits.

25
internal factors influencing leadership/management (7 points)
- managers experience - personal values - type of organisation - confidence in subordinates - skill and experience of subordinates - time and cost pressure - nature of the decisions
26
external factors influencing leadership/management (5 points)
- political and legal environment - economic environment - social environment - technological environment - level of competition in industry
27
benefits of scientific decision making (2 points)
- data driven = evidence based - removes some subjective judgement from decisions
28
drawbacks of scientific decision making (3 points)
- may still rely on assumptions - doesn't guarantee the correct decision - may ignore the crucial aspect of business experience
29
benefits of intuition based decision making (4 points)
- speed of decisions - allow for more creative ideas - good if you are experienced - good for situations with limited information/data
30
drawbacks of intuition based decision making (3 points)
- subjective and could potentially be bias - risk of error - highly dependant on the experience of the decision maker
31
opportunity cost definition
when making a choice between two options, the opportunity cost is the option you dont select
32
stakeholders definition
groups or individuals who have an interest in a business
33
wants of a shareholder (2 points)
- return on investment & dividend - profit
34
wants of a manager/employee (3 points)
- rewards including basic pay and other financial incentives - job security - promotion opportunities
35
wants of customers (2 points)
- value for money - quality product and service
36
stakeholder mapping: low level of interest, high level of power
keep satisfied
37
stakeholder mapping: low level of interest, low level of power
monitor
38
stakeholder mapping: high level of interest, low level of power
keep informed
39
stakeholder mapping: high level of interest, high level of power
manage closely