Lecture notes
Unit 6 - Principles of Management Revision on exam topics
- Institution
- PEARSON (PEARSON)
This document provides materials to practice activities and revise main topics before the exam.
[Show more]
Content preview
RevisionUnit 6 – Principles of management
,B
Management and
leadership styles
skills
,Name
of leadership What it is?
Leadership styles
style
Autocratic It is where one person controls all decisions and takes in very little inp
Democratic It is where more people are making decisions and have more of a role
process.
Charismatic Encourage behaviours in other ways of eloquent communication, pers
and force of personality.
Paternalistic It involves a dominant authority figure that acts as a matriarch or a pa
and treats their employees more like family then employees.
Laissez-Faire A group of people are making decisions and the leadership is a little la
back and are very hands-off.
Transactional
Focus of supervisions, organisations and group performance.
Transformationa A leadership that inspires and motivates employees to innovate and c
l change.
, Name of Advantages Disadvantages
leadership
style
Autocratic • High clarity on structure and • It creates a system
roles. dependence
• Quick decision making • Lack of flexibility
Democratic • It’s suited for almost any • It often leads to procrastinati
business • Indecisive
• Creativity is encouraged.
Charismatic • It is the leadership that create • I prevent new learning
an emotional appeal. opportunities from occurring.
• Decreases turnover rates • Disruptive
Paternalistic • Feedback is encouraged • There can be power struggle
• Loyalty and internal issues
• Difficult to manage
Laissez-faire • It encourages innovation and • It can encourage laziness
personal growth.
Transactional • Rewards and punishments are • Creativity is discouraged
clearly defined. • It limits innovation
• Straightforward
Transformationa • Promotes moral and reduces • Can be risky and disruptive.
l turnover costs.
• Promotes morale
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examjan2023. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
85651 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now