buisness unit 1

autocratic leadership

1 L makes the decision leader has most control gives clear extractions expectations at deadlines use one quick decision decisions are needed or learn. Employees need strong guideline.

democratic leadership

leaders involved employees and decision-making encourages ideas collaboration communication feedback use one team needs different ideas and wants employees involved

Lizzie fair leadership

Employees have freedom to make their own decisions with little supervision. Leader gives minimal guidance and trust. The employees to work independently works well with skilled self motivated employees who work well.

in which cases are certain leadership styles appropriate

• Autocratic: Crisis situations or when employees need clear, direct guidance.

• Democratic: When teamwork, ideas, and employee input are important.

• Laissez-faire: When employees are skilled, responsible, and able to work independently

initiating project management first step

• Decide the project and set goals

• Identify deliverables and stakeholders

• Get approval

planning second step of project management

Decide how the project will be completed

plant resources, responsibilities, and schedules arrange tasks Identify risk and solution solutions get approved

what happens during the monitoring stage of project management?

track progress of task monitor schedule and budget hold size review meetings, track, and document lessons learned

what happens during executing?

start the project plan secure necessary resources manage change issues and risk directed team and lead. Create project deliveries. Pick an appropriate leadership style.

what happens during closing?

Deliver the project complete deliverable submit to stakeholders complete final checklist reflected adjust improvements

what are the main benefits of business technology?

increased efficiency and productivity, faster, communication better decision-making lower cost improved customer service more innovation, competitiveness

main risk of being a business technology

Cyber security threats, privacy and data breach system, failures, employer, resistance, high cause technology dependence

how do the benefits and risk of technology compare?

Technology can improve efficiency, productivity, and communication bills also create security privacy independence risk

how can business skills help in school community and future careers?

Business skills improve communication, teamwork, organization, problem-solving, and leadership, which are useful in school community careers

local national global how do local national global businesses con

Local jobs charities local community

National jobs charity events across the country

Global innovation, jobs and positive changes worldwide

entrepreneur challenges what are common challenges entrepreneurs face?

Access to capital market access regulations, discrimination, lack of mentorship, unlimited technology/skills

which entrepreneurs may face extra barriers

Women minorities LGBTQ plus people, rural entrepreneurs and first time entrepreneurs

what supports help entrepreneurs overcome challenges

Government grants loans, incubators, accelerators, micro lenders, mentors, and networking

Grant versus loan, what is the difference between a grant and a loan?

Grant usually does not to be repaid while loan needs to be repaid or interest will be added

how can entrepreneurs make social economic environment?

Social support communities, charities and social cost.

Environmental create sustainable products and reduce waste less pollution,

economic create jobs, business businesses, and economic growth.