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A Printing Easel

question 5

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A printing easel:

Evaluate the influence of risk, certainty, and uncertainty on managerial decisions.
Understand the various cognitive styles and their implications on problem-solving and decision making.
Analyze the advantages and disadvantages of individual vs group decision making.
Grasp the concept and application of design thinking in creative decision making.

Definitions:

Autocratic

Referring to a leadership style characterized by individual control over all decisions with little input from group members.

Democratic

Pertaining to or characterized by the principles of democracy, involving fair and equal participation and representation of the people in the decision-making process.

Laissez-Faire

A leadership or management style characterized by a minimal amount of direct supervision, allowing individuals or teams considerable freedom in their work.

Transactional Leader

A leadership style focused on the exchange between leader and followers, where compliance is exchanged for specified rewards.

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