2. Managers, Leadership & Decision Making

Select all the options which show the role of a manager...

• Analysing

• Reviewing

• Leading

• Planning

• Making a Coffee

Use the stakeholder map to choose the stakeholder group that is the least likely to influence management decision making.

• A

• B

• C

• D

Opportunity cost is defined as:

• the next best alternative

• the initial cost of an investment

• the money spent on the choice made

• the average cost of a new idea.

The leadership style of a particular manager is shown by point X in the grid. Blake Mouton would classify this leadership style as:

• Authoritarian

• Country Club

• Impoverished

• Team Leader

A country club leadership style is one where a leader has

• A low concern for people and a low concern for production

• A high concern for people and a high concern for production

• A low concern for people and a high concern for production

• A high concern for people and a low concern for production

A business is using a decision tree to decide whether to invest £5 million on a new piece of machinery. It estimates that there is a probability of 0.6 that the new machine will increase sales by £4 million and a 0.4 probability that sales will increase by £8 million. What is the expected value?

• £5.6 million

• £5 million

• £0.6 million

• £1.4 million

According to the Tannenbaum & Schmidt continuum of leadership what type of manager behaviour would give the lowest area of freedom for subordinates?

• Tells

• Sells

• Consults

• Delegates

What type of leadership style would be most appropriate for when a rapid decision is needed?

• Autocratic

• Democratic

• Laissez Faire

• None of the above

A short-term decision which is taken regularly and involves few resources is known as what type of decision?

• Tactical decision

• Strategic decision

• Programmed decision

• Non-programmed decision

What would be the most appropriate action to take to engage with a group of low interest/low power stakeholders?

• 'Pull' Communications

• Consultation

• Participation

• Partnership