Leadership Skills
How many styles of leadership did we learn about?
Three.
What is a formal summary of the aims and values of a company, organization, or individual?
A mission statement.
Does organization matter in a business?
YES!
What does MIS stand for?
Management Information Systems.
What is formal planning?
The systematic studying of an issue and the preparation of a written document to deal with the problem
What type of leader does not often listen to other people but makes all decisions themselves?
Autocratic Leader.
What is making decisions based on hunches?
Intuitive Decision Making
What can happen to productivity if workers become bored with their jobs?
Productivity goes way down and workers produce low quality work.
What is information overload?
The excess of information given to a person to complete a task.
Why is planning important?
It helps keeps the organization organized and prepared for what's next.
Does autocratic leaders' productivity incline or decrease when they are away from the worksite?
Decline.
What type of decision-making is most effective with an introvert type of group? Why?
Brain Write. Because if someone is too shy to share their ideas, writing them down is a good way to share them.
What does it mean to delegate your workers?
To assign workers to different jobs.
Who coined the term "information overload?"
Bertram Gross
What type of planning is done by the highest management levels?
Strategic Planning.
What does Laissez-faire mean?
Free Reign.
What is the act of exchanging information?
Communication
Why are some managers reluctant to delegate their workers?
Because they do not trust that the workers will complete the work well.
What is the capturing and sorting of data?
Data Processing.
What does the stability strategy aim for?
The stability strategy aims to keep a company at the same place it has been running for years.
What type of leader is usually the best type of leader?
Participative Leaders.
Which type of decision-making leaves room for the most error? Why?
Intuitive. Because many times these are made based on emotion.
Why is authority important in an organization?
Authority helps ensure that everyone under the manager's command will work towards the organization's goals.
What are integrated systems of computer hardware and software that gathers information and presents it in a manner to be used in the decision-making process?
Management Information Systems
What is a retrenchment strategy?
The plan is to reverse negative trends in a company, such as sales losses.