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WorksheetsExploring Leadership and Decision Making
Total questions: 34
Worksheet time: 27mins
Which of the following is a characteristic of an autocratic leadership style?
Encourages team input in decision making
Centralises authority and decision making
Delegates tasks to team members
Focuses on team collaboration
What is the main focus of Theory X in management?
Employees are self-motivated and enjoy their work
Employees need close supervision and control
Employees are creative and seek responsibility
Employees work best in a team environment
Which decision-making technique involves listing all possible options and their potential outcomes?
Brainstorming
SWOT Analysis
Decision Trees
Mind Mapping
In a decision tree, what does a square node typically represent?
A decision point
An uncertain outcome
A final result
A chance event
Which leadership style is most likely to involve a high level of team participation?
Laissez-faire
Autocratic
Democratic
Transactional
What does Theory Y suggest about what manager think about employees?
They are inherently lazy and avoid work
They require constant supervision
They are self-motivated and seek responsibility
They are only motivated by money
Which of the following is a key component of the leadership continuum model?
The leader's age
The level of authority retained by the leader
The leader's educational background
The leader's personal interests
What is the primary advantage of using decision trees in decision making?
They simplify complex decisions
They eliminate all risks
They guarantee the best outcome
They require no data analysis
Which leadership style is characterised by minimal interference from the leader?
Autocratic
Laissez-faire
Transformational
Bureaucratic
What is a common criticism of Theory X management?
It assumes employees are highly motivated
It encourages too much employee freedom
It can lead to a lack of innovation
It focuses too much on team collaboration
In decision trees, what does a circle node typically represent?
A decision point
A chance event
A final result
A starting point
Which of the following is an effective management practice?
Micromanaging every task
Encouraging open communication
Avoiding feedback
Ignoring team input
Which of the following is a characteristic of democratic leadership?
Leader makes all decisions unilaterally
Encourages team participation in decision-making
Focuses on maintaining strict control
Relies on rewards and punishments
What is a key disadvantage of using decision trees in decision making?
They are difficult to interpret
They can become overly complex with too many branches
They require no data analysis
They eliminate all risks
Which of the following is a potential drawback of laissez-faire leadership?
Over-reliance on the leader's decisions
Lack of direction and accountability
Excessive focus on team collaboration
Too much emphasis on rewards and punishments
What is a potential benefit of using a laissez-faire leadership style?
Increased innovation and creativity
Strict adherence to rules
Centralized decision-making
High level of supervision
What is the Tannenbaum and Schmidt Leadership Continuum primarily used for?
To determine the best marketing strategy
To assess the level of control a leader has over decision-making
To evaluate employee performance
To analyze financial statements
Which of the following best describes the 'Tell' style in the Tannenbaum and Schmidt Leadership Continuum?
Leaders make decisions and announce them to the team
Leaders seek input from the team before making decisions
Leaders delegate decision-making to the team
Leaders collaborate with the team to make decisions
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
What type of leadership style would be most appropriate for when a rapid decision is needed?
Autocratic
Democratic
Laissez Faire
None of the above
What are some of the skills of a good leader?
Worrying and giving minimal feedback
Planning, communicating, and decision-making
Patience, empathy, creativity, and reliability
The following are all leadership styles:
Persuasive, Confident, Laissez-faire
Autocratic, Consultative, Authentic
Authoritarian, Participative, Supportive
Autocratic, Democratic, Laissez-faire
A decision tree uses _________ to calculate likely outcomes.
stakeholder information
facts and statistics
estimates and probabilities
shareholder data
A decision tree helps to decide whether the _____from a decision is worthwhile.
net gain
net present value
payback period
future value of cash
BENEFITS OF USING DECISION TREES include:
Uses quantitative data only – ignores qualitative aspects of decisions
It is based on assumptions and estimates
Choices are set out in a logical way
Assignment of probabilities and expected values prone to bias
BENEFITS OF USING DECISION TREES include:
Probabilities are just estimates – always prone to error
Use of probabilities enables the “risk” of the options to be addressed
Uses quantitative data only – ignores qualitative aspects of decisions
Assignment of probabilities and expected values prone to bias
DRAWBACKS OF USING DECISION TREES include:
Likely costs are considered as well as potential benefits
Use of probabilities enables the “risk” of the options to be addressed
Uses quantitative data only – ignores qualitative aspects of decisions
Easy to understand & tangible results
DRAWBACKS OF USING DECISION TREES include:
Probabilities are just estimates – always prone to error
Choices are set out in a logical way
Potential options & choices are considered at the same time
Use of probabilities enables the “risk” of the options to be addressed
DRAWBACKS OF USING DECISION TREES include:
Likely costs are considered as well as potential benefits
Easy to understand & tangible results
Decision-making technique doesn’t necessarily reduce the amount of risk
It is a mathematical model used to help managers make decisions.
What is the range of probability values?
0 to 10
0 to 100
0 to 1
1 to 10
Which one of these is not on Tannenbaum and Schmidt's continuum?
Tell
Sell
Motivate
Join
Which of the following is not a benefit of using a decision tree?
Allows for easy comparison
Logical decision making
Gives only financial data
Makes managers consider options carefully
What is a potential benefit of using a scientific approach to decision making?
Reliance on intuition
Random decision making
Increased subjective judgment
Data-driven systematic approach
What is a potential drawback of scientific decision making?
Reliance on data
Guarantee of correct decision
Ignoring business experience
Removal of all subjective judgment
