Leadership Styles
True or False: Autocratic Leadership is similar to Democratic Leadership
False
Groups divided into separate departments based on specialized functions or areas of expertise
Functional Organization
Simplest form of business organization with a single owner that has complete control
Sole Proprietorship
Using a physical store is an example of this model
Brick'n'Mortar
Name of Mr. Boucher's Cat
Mouse
This leadership style allows employees to work at their own pace
Laissez-Faire Leadership
True or False:
Centralization concentrates decision-
making at higher levels
True
The 2 types of partnerships
General and Limited Partnerships
True or False:
A business slogan is similar to a mission statement
False
Mr. Boucher subbed at this school
Bellmont
Managers acts like a parent and care for employees in this leadership style
Paternalistic Leadership
Structures are rigid and bureaucratic are known as this classification
Mechanistic
A business that operates to serve a public or social cause
Nonprofit Organization
Using both a online store and a physical store is an example of this model
Hybrid model
Mr. Boucher was a sub at this level of school (elementary, middle, high)
Elementary
Mr. Boucher giving out candy for participation is an example of this leadership style
Transactional Leadership
This structure utilizes both functional leaders and team leaders
Matrix Structures
A business model where a company grants rights to another party to use their brand, business model, and systems
Franchise
Project based, Independent service providers
Freelancing/Contractor
Who drew Mr. Boucher's Cartoons?
Mr. Boucher's Dad
This leadership style utilizes a leader/managers charm and personality to motivate the group
Charismatic Leadership
Explain the difference between organizational structures and business structures
Organizational structures are how employees are organized, business structures have to do with business law
List and explain 3 Types of Corporations
C-Corp: Traditional corporation with double taxation
S-Corp: Limited to 100 shareholders with pass-through taxation
B-Corp: Focused on social responsibility and profit
True or False:
Choosing your businesses structure and model is the very first step in making your business
False:
Business Idea or Industry of Interest is the first step
Name of Mr. Boucher's Business
Inside the Lines