Understanding Leadership and Management

What is a key difference between leaders and managers according to the text?

• Managers are more risk-averse than leaders.

• Leaders are more risk-averse than managers.

• Managers prefer to take more risks.

• Leaders and managers perform the same tasks.

What do good organizations need to be successful?

• Only strict managers

• Only strong leaders

• Neither leaders nor managers

• Both leaders and managers

What is one crucial task that managers perform?

• Ignoring data analysis

• Setting objectives

• Avoiding decision-making

• Taking a backseat in strategy

What type of data might managers analyze?

• Only marketing data

• Various types including HR and operations data

• They do not analyze data

• Only financial data

What is the role of managers and leaders in decision-making?

• They let employees make all decisions

• They only make poor decisions

• They avoid making decisions

• They play a key role in making decisions

What does the Theory X style of management assume about workers?

• Workers are motivated and responsible

• Workers are inherently lazy and irresponsible

• Workers prefer not to have any guidance

• Workers do not need salaries

What is a characteristic of Theory Y managers?

• They believe employees seek responsibility

• They think employees are only motivated by money

• They do not trust their employees

• They provide no autonomy to employees

What does an authoritarian management style involve?

• High freedom and accountability for employees

• Minimal guidance and direction for employees

• Strict control and limited employee freedom

• Complete autonomy for all team members

What is a key feature of democratic leadership?

• No employee involvement in decisions

• High employee involvement in decision-making

• Decisions are made by external consultants

• Ignoring employee opinions and values

What does the Laissez-Faire leadership style emphasize?

• Strict supervision and control

• High autonomy and trust in employees

• Complete avoidance of responsibility

• Frequent and detailed employee evaluations