Leadership Styles

Front

"You two take care of this while I ..." is an example of this leadership style:

Back

Free Reign/Laissez Faire

Answer explanation

The phrase "You two take care of this while I ..." indicates a Free Reign/Laissez Faire leadership style, where the leader delegates tasks and allows team members to operate independently.

Front

"I need you both to ..." is an example of this leadership style:

Back

Autocratic

Answer explanation

"I need you both to ..." indicates a directive approach, typical of autocratic leadership, where the leader makes decisions unilaterally and expects compliance from team members.

Front

"Let's work together to solve this!" is an example of this leadership style:

Back

Democratic

Answer explanation

The phrase "Let's work together to solve this!" reflects a Democratic leadership style, as it emphasizes collaboration and input from team members, encouraging participation in decision-making.

Front

If YouTube icon and entrepreneur MrBeast (Jimmy Donaldson) challenged his team to reach $1 billion in revenue this year, and to motivate them said he would throw the best New Year’s party ever with massive giveaways and surprise guests if they succeeded, which function of management BEST describes this activity?

Back

Lead

Answer explanation

MrBeast's challenge to motivate his team with a party and giveaways exemplifies the 'Lead' function of management, as it involves inspiring and guiding his team towards achieving a common goal.

Front

A _________ statement is the where. Where a company sees itself in the future. It's an aspirational goal. A _________ statement is the why. Why a company exists. It's core purpose.

Back

Vision, Mission

Answer explanation

A Vision statement describes where a company aims to be in the future, serving as an aspirational goal. In contrast, a Mission statement explains why a company exists, outlining its core purpose. Thus, the correct answers are Vision, Mission.

Front

Jacob and his team sat down to create goals for their first year of business. They then designed a plan to achieve those goals. Which Function of Management BEST describes this activity?

Back

Planning

Answer explanation

The activity of creating goals and designing a plan to achieve them is best described as Planning, as it involves setting objectives and determining the course of action to reach those objectives.

Front

The unbroken line of authority that extends from the top of the organization to the lowest echelon and clarifies who reports to whom is termed _____.

Back

chain of command

Answer explanation

The term 'chain of command' refers to the unbroken line of authority in an organization, indicating who reports to whom. This structure is essential for clear communication and accountability within the organization.

Front

Which organizational chart represents direct reporting relationships? Options: line, line and staff, flow, functional

Back

line

Answer explanation

The 'line' organizational chart clearly represents direct reporting relationships, showing a straightforward hierarchy where each employee reports directly to one supervisor.

Front

Multiple reporting relationships is a characteristic of which of these structure of organizations?
Options:
organization by function,
organization by product,
Matrix,
organization by region

Back

Matrix

Answer explanation

The Matrix structure features multiple reporting relationships, allowing employees to report to more than one manager. This flexibility contrasts with other structures like functional or product-based, which have a more hierarchical reporting system.

Front

What are the advantages of a functional organizational structure?

Back

Clear lines of authority, specialized expertise, efficient use of resources, improved coordination and communication within departments.

Answer explanation

The correct choice highlights the advantages of a functional organizational structure, including clear authority, specialized expertise, efficient resource use, and better coordination within departments.