Final answer:
Autocratic leadership style is when a leader makes decisions without soliciting input or feedback from group members. It can be effective in situations that require quick and decisive decision-making, but it can also lead to a lack of employee engagement and creativity.
Step-by-step explanation:
An autocratic leadership style is when a leader makes decisions without soliciting input or feedback from group members. This style is characterized by the leader having complete control and authority over the decision-making process. An example of autocratic leadership in a business setting could be a CEO who makes all the major decisions for the company without consulting the employees.
The reason why autocratic leadership might be used in a business is if there is a need for quick and decisive decision-making. In situations where time is of the essence or there is a high level of expertise required, an autocratic leader can provide clear and efficient direction. However, this leadership style can lead to a lack of employee engagement and creativity, as employees may feel disempowered and undervalued.