Leaders & Managers

A manager is someone with decision-making authority in an organization and has responsibility for problem-solving

A .......... leader is one who is willing to delegate authority and consult subordinates in decision-making

Advantages of autocratic leadership is it motivates employees as their opinions are not valued

The Acronym SMART stands for

the key function of management is to set strategic and SMART objectives.

............. gives workers the autonomy to make their own decisions on how best to accomplish organizational objectives

The five leadership styles in the IB Business Management syllabus are:

Managers focuses on organizational norms and policies and policy making, Leaders focusses on innovations & risk taking

A leader who is able to change leadership style according to the circumstances being faced uses what is called?

Managers are concerned with administrative task & processes. Leaders focus on developing policies, rather than processes

a good manager can be a good leader as well

Situation where the leader makes decisions on behalf of his team knowing, these are in the best interest of the workers