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What are the differences between Autocratic, Laissez-Faire and Democratic leadership styles?

Autocratic - manager exerts control over all decisions and receives very little or no input from employees or group members. Autocratic leaders make decisions based on their own thoughts and rarely seek advi...
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Describe two leadership styles?

Autocratic: An autocratic leader is a dictator. He/she refuses to listen to his/her employees and does not value their opinion. He can motivate employees by threats. Democratic: A democratic leader values hi...
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Asses the advantages and disadvantages to small to medium firms of holding a large amount of stock

One advantage of a small to medium firm of holding a large amount of stock is it allows the firm to rapidly respond to changes in consumer demand. This allows firms to maximise sales by satisfying a rise in ...
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Explain one disadvantage of using on overdraft as a source of finance for a small business? Provide 2 alternative sources of finance

Although the use of an overdraft can solve short term cash-flow issues it is likely to come with a high interest rate. It is possible/likely that this will cause further financial difficulty. There are a wid...
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What are two benefits of a USP (unique selling point) for a business like Coca Cola?

One benefit may be that Coca-Cola can differentiate themselves from competitors. This means that customers will have a unique perception of their product compared to those of competitors like Pepsi, and coul...
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