B Com Exam > B Com Videos > Contemporary Management > Different management styles, Contemporary Management
Different management styles, Contemporary Management Video Lecture | Contemporary Management - B Com
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FAQs on Different management styles, Contemporary Management Video Lecture - Contemporary Management - B Com
| 1. What are the different management styles? |  |
Ans. Different management styles include autocratic, democratic, laissez-faire, transformational, and transactional management styles.
| 2. What is autocratic management style? | |
Ans. Autocratic management style is characterized by a top-down approach, where the manager makes all the decisions without involving the employees. There is limited or no input from the employees, and the manager maintains full control over the decision-making process.
| 3. What is democratic management style? | |
Ans. Democratic management style involves active participation and collaboration between the manager and the employees. The decision-making process is shared, and the manager seeks input and feedback from the employees before making decisions. This style promotes employee empowerment and engagement.
| 4. What is laissez-faire management style? | |
Ans. Laissez-faire management style is a hands-off approach, where the manager provides minimal guidance and allows employees to make their own decisions. The manager gives employees a high level of autonomy and trusts them to accomplish their tasks independently. This style works well when dealing with highly skilled and self-motivated employees.
| 5. What are transformational and transactional management styles? | |
Ans. Transformational management style focuses on inspiring and motivating employees to achieve their full potential. The manager acts as a visionary leader, setting clear goals and providing support and guidance to employees. On the other hand, transactional management style focuses on providing rewards and punishments based on performance. The manager sets specific goals and provides incentives for achieving them, while also enforcing disciplinary measures when necessary. Both styles have their own strengths and are effective in different situations.
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Nov 23, 2024 Last updated |
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