Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Compare and contrast major styles of leaderahip
Expert Solution
Step 1
There are major 4 style of leadership-
i) Transactional Leaders Are Directive
Style: People who need structure and demand in the working environment and work in the mode of remuneration discipline are known as conditional pioneers.
Attributes: They are most pleased to oversee people by providing instructions and then handing out incentives or punishments.
ii) Autocratic/ Dictatorial Leaders Exercise Control
Style: People guided by the "my way or the highway" mantra are autocratic (otherwise called dictator).
Attributes: They retain control, do not share it, and the issue arranges for them to expect to be completed without any enquiries.
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