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  • Unit 3.2 ~ Managers, leadership and decision making
    • Authoritarian - focus of power with the manager with no delegation (McGregor Theory X)
    • Paternalistic - decides what's best for employee with little delegation (child/parent relationship)
    • Democratic - power with group, trade off speed of decision making
    • Laissez-Faire - leader has little input and delegates power
    • Theory X manager - workers need to be controlled and directed - centralised organisation
    • Theory Y manager - employees organise themselves and decision making is delegated
    • Opportunity Cost - cost of missing out on next big alternative
    • Stakeholder Map - considers level of power and interest of stakeholder


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