when production problems arise and decisions need to be made, terry believes in getting his staff involved. he presents the issues and seeks a consensus in how to best handle the problem from his staff. what type of decision-making style does terry use?

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Answer 1

Terry involves his staff in seeking consensus and handling the problem that arises in the production, he uses a facilitative decision-making style.

The facilitative decision-making style is a process in which all members are involved in tackling problems and making decisions that are satisfied by all. In this, each member including the leader has an equal share and voice in the decision-making process for the organization. This led to better solutions and an increment in team spirit. Using consensus, new ideas can be shared by other members and may end up in making better decision-making than what an organization can have without consensus.

Terry believes in getting his staff involved in the decision-making process in solving problems of production using a facilitative decision-making style.

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Related Questions

According to the ........... model ,a leader can adopt one of four leadership styles based on a combination of relationship (concern for people) and task (concern for production) behaviors. The appropriate style depends on the readiness level of the followers. A follower’s readiness is based on his or her ............ and .............. to do the work.

The................... leadership style is a highly directive style that involves giving explicit instructions about how to accomplish certain tasks.

With followers who have low readiness because they are new to their jobs and to the organization, the................... leadership style is most effective.

Answers

According to the Situational model ,a leader can adopt one of four leadership styles based on a combination of relationship (concern for people) and task (concern for production) behaviors. The appropriate style depends on the readiness level of the followers. A follower’s readiness is based on his or her Ability and Willingness to do the work.

The directing leadership style is a highly directive style that involves giving explicit instructions about how to accomplish certain tasks.

With followers who have low readiness because they are new to their jobs and to the organization, the directing leadership style is most effective.

Which method is adopted in democratic style of leadership?

A democratic management style is based on mutual respect. It is often combined with participatory leadership because it requires cooperation between the leader and those led by the leader. A democratic/participatory management style gives managers and their employees greater responsibility.

Transformational leadership is defined as an approach to leadership that brings about change in individuals and social systems. Ideally, you bring valuable positive change to your followers with the ultimate goal of turning them into leaders.

1. Autocratic or authoritarian leadership. Autocratic leaders centralize power and decision-making within themselves.

2. Democratic or participatory leadership. Participatory or democratic leaders decentralize authority.

3. Laissez-faire or vested leadership.

4. Paternalist leadership.

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Intangible assets are the rights and privileges that result from ownership of long-lived assets that.

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Intangible assets are the rights and privileges that result from ownership of long-lived assets that do not have physical substance.

Intangible assets are those that don't have any physical parts. Software, patents, copyright, franchises, goodwill, and trademarks are a few examples. Unlike material and monetary assets, It can be very difficult to appraise an intangible asset.

As well as being a significant source of competitive advantage for companies, intangible assets are an essential part of creating value for shareholders and stakeholders. For instance, patents help companies stop others from using their inventions without permission.

Physical objects that can deteriorate and sustain harm over time are considered tangible assets. On the other hand, intangible assets can be thought of as boosting a company's present or future worth and are often more valuable to a corporation than its tangible assets.

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nintendo's ebit is $350, its tax rate is 21%, depreciation is $50, capital expenditures are $70, and the planned decrease in nwc is $40. what is the firm's fcff?

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Nintendo's EBIT is $350, its tax rate is 21%, depreciation is $50, capital expenditures are $70, and the planned decrease in NWC is $40. The firm's Free cash flow is $365.

Free cash flow = EBIT(1-Tax Rate) + Depreciation & Amortization - Change  

                             in Net Working Capital - Capital Expenditure

Free Cash Flow = $350(1 - 0.21) + $50 - $70 - $40

Free Cash Flow = $365

Free cash flow (FCF) is the money a business makes after subtracting the cash it must spend to run its business and maintain its capital assets. Or to put it another way, free cash flow is the money that remains after a business pays its operating expenses (OpEx) and capital expenditures.A company may do whatever it wants with FCF, which is the money that is left over after paying for expenses like payroll, rent, and taxes. A company's cash management will be aided by knowing how to compute and analyze free cash flow. Investors can improve their investment choices by using the FCF calculation to gain insight into a company's financials.

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