Question

As an entrepreneur and a manager of the company you created, you feel that it is your responsibility to dictate orders to the staff and make all of the decisions. You believe that a good manager controls everything, makes decisions quickly, and does not solicit any other opinions. Your management style is:​

Answer 1

Your management style can be described as autocratic or authoritarian. In an autocratic management style, the leader holds all the power and makes all the decisions without input from others. While this style can be effective in certain situations, it can also lead to low morale, lack of motivation, and reduced creativity among employees. It may also limit the potential for innovation and growth within the company. As an entrepreneur and manager, it is important to consider the benefits of other management styles, such as participatory or democratic management, which involve more collaboration and input from employees. This can lead to a more engaged and motivated workforce that is invested in the success of the company.