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BUSINESS PAPER 22

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for the evaluate question u had to argue on all leadership styles and mainly put a conclusion at the end what u think..thats wa my teacher said
 
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Was running short of time so I tried writing all I could think of, and I couldn't think much in the heat of the moment :D
 
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So we had to evaluate abt the democtratic style of leadership ryt? Then i wrote hw a\utocratic will be more suitable
yepss democratic style.. i mentioned its ineffective as workers are making incorrect decisions/votes so he should adapt an autocratic style... involve less decentralisation but do keep in touch with employees to avoid alienation and low morale. the manager should delegate tasks to the workers so that he can focus on more important work such as setting strategic goals and so on
 
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for the sources of finance i wrote
1) sale of non current assests
2)long term bank loan
3)venture capital
i wrote since the company is experieicing rapid growth in sales and profits, bank managers wont hesitate to provide loans and overdrafts facility. So to raise the 50k in the most cost effective way, the business should do so partly by internal sources, such as using retained profits and existing non current assets, and the remaining by an overdraft.
 
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i wrote since the company is experieicing rapid growth in sales and profits, bank managers wont hesitate to provide loans and overdrafts facility. So to raise the 50k in the most cost effective way, the business should do so partly by internal sources, such as using retained profits and existing non current assets, and the remaining by an overdraft.
retain profit was not that much to raise 50k!!!!!!!!
 
Messages
46
Reaction score
51
Points
28
i wrote since the company is experieicing rapid growth in sales and profits, bank managers wont hesitate to provide loans and overdrafts facility. So to raise the 50k in the most cost effective way, the business should do so partly by internal sources, such as using retained profits and existing non current assets, and the remaining by an overdraft.
retain profit was not that much to raise 50k!!!!!!!!
 
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