Business Topic 2

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  • Created by: indiaday
  • Created on: 04-11-24 10:35
Leads and gives workers little input
Authoritarian
1 of 8
Treats workforce like an extended family
Paternalistic
2 of 8
All workers and leaders work together
Democratic
3 of 8
All power is given to workers
Laissez-faire
4 of 8
A decision made when you are familiar with the scenario
Programmed
5 of 8
A decision made in an unfamiliar scenario
Non-programmed
6 of 8
Cost of missing out on the next best alternative
Opportunity cost
7 of 8
The expected value of each outcome less the costs associated with the decision
Net gain
8 of 8

Other cards in this set

Card 2

Front

Treats workforce like an extended family

Back

Paternalistic

Card 3

Front

All workers and leaders work together

Back

Preview of the front of card 3

Card 4

Front

All power is given to workers

Back

Preview of the front of card 4

Card 5

Front

A decision made when you are familiar with the scenario

Back

Preview of the front of card 5
View more cards

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