Some examples from this set of practice questions
1.
What is leadership?
Answer: A relationship through which one person influences the behaviour or actions of other people
2.
What is a leadership style?
Answer: The way that the functions of leadership are carried out and the way that a leader behaves
3.
What are some factors that affect leadership styles?
Answer: - personal value system - nature of the business - skill and experience of subordinates - effectiveness of teams and groups - type of organisation
4.
What is hunch decision making?
Answer: based on intuition, gut feeling and experience. hard to justify ad involves significant risk
5.
What is scientific decision making?
Answer: based on data & analysis
6.
What are opportunity costs?
Answer: the costs of missing out the next best alternative. The benefits that could have been gained by taking a different decision
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