Leadership Styles
Management Concepts
Business Structure
Organizational Elements
100
a style where a single leader has complete control over decision-making and expects subordinates to obey without question. May have been one of your bosses
Autocratic
100
What is the process of coordinating and overseeing the work activities of others to achieve organizational goals?
Management
100
This business structure is owned and operated by a single individual. What is it?
Sole proprietorship
100
system that outlines how activities are directed to achieve an organization's goals
Organizational Structure
200
In this leadership style, decisions are made collectively, with input from group members. What is it?
Democratic
200
In an organization, what is defined as a set of responsibilities and expectations associated with a particular position?
Role
200
What is the term for a business owned and operated by two or more individuals?
Partnership
200
The entity that transforms inputs into outputs within a supply chain.
Processor
300
Also known as the "Invisible Hand" This leadership approach advocates for minimal interference from leaders, allowing employees to make their own decisions. What is it?
Laissez Faire
300
Identify the three hierarchical levels within most organizations
300
The legal entity separate from its owners, capable of entering contracts and assuming liability
Corporation
300
What term refers to the variety of demographics, backgrounds, and perspectives within a group or organization?
Diversity
400
Which leadership style is characterized by a leader's ability to inspire and influence others through their personality?
Charismatic
400
Name the five key functions of management, including planning and organizing
Planning, Leading, Organizing, Controlling, Staffing
400
What is the term for the process of starting and running one's own business?
Entrepreneurship
400
This entity acts as a middleman between producers and consumers in the distribution of goods.
Intermediary
500
This leadership style prioritizes serving others and focusing on their needs. What term describes it?
Servant Leader
500
Type of management skills encompass technical, human, and conceptual abilities are defined by which psychologist
Katz
500
This type of organization operates for purposes other than profit-making. What is it? Think Tax Free
Non-Profit
500
The shared values, beliefs, and practices that characterize a group or organization
Culture