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WGU D072 Fundamentals for Success in Business Study Guide | OA Revision Notes & Practice Questions Pack

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WGU D072 Fundamentals for Success in Business Study Guide is a structured revision resource designed to help students understand core business principles and prepare effectively for the Objective Assessment (OA). It simplifies foundational business concepts into clear, easy-to-revise notes and includes practice questions to support understanding and exam readiness

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Fundamentals for Success in Business -
WGU D072
Autocratic Leadership - ✔✔- A form of leadership in which the leader makes decisions on his or
her own and then announces those decisions to the group.

Authoritative Leadership - ✔✔- -Makes decisions for the group
-Staff output is high
-Uses coercion (gets people to do things via force or threats)
-Communications goes down a chain of command

Laissez-faire Leadership - ✔✔- A leadership style that leaves much of the business
decision-making to the workforce - a 'hands off' approach and the reverse of the autocratic style

Participative Leadership - ✔✔- Leaders work with team members to make decisions together.
They support and encourage them and are more participatory. M3 Followers

Selling leadership - ✔✔- Leaders are still the decision-makers, but they communicate and work
to persuade employees rather than simply direct them. M2 Followers

Telling Leadership - ✔✔- This is a directive and authoritative approach. The leader makes
decisions and tells employees what to do. M1 Followers

Delegating Leadership - ✔✔- The leader assigns decision-making responsibility to team
members but oversees their work. M4 Followers

People Oriented Leadership - ✔✔- creating overall success by building lasting relationships
with employees. This type of leader does care about tasks and schedules, but he/she believes
that work culture is more important.

Task-oriented Leadership - ✔✔- focuses on overall success through the completion of tasks.
This type of leader doesn't care as much about relationship building as he/she cares about
workers meeting particular goals within a preset time frame.

Transactional Leadership - ✔✔- leadership based on an exchange process in which followers
are rewarded for good performance and punished for poor performance

Visionary Leadership - ✔✔- leadership that creates a positive image of the future that
motivates organizational members and provides direction for future planning and goal setting

Transformational Leadership - ✔✔- leadership that generates awareness and acceptance of a
group's purpose and mission and gets employees to see beyond their own needs and
self-interests for the good of the group

, Servant Leadership - ✔✔- focuses on providing increased service to others—meeting the goals
of both followers and the organization—rather than to oneself.

Passive Aggressive - ✔✔- making indirect accusations, showing resentment, procrastination,
and other behaviors aimed at thwarting another's resolution of conflict

Passive - ✔✔- a behavior influenced by intimidation that can often lead to feelings of
resentment and victimization

Aggressive - ✔✔- an aggression-based behavior that employs intimidation and manipulation

Assertive - ✔✔- Acting with confidence and force; sure of one's self

Denotation and Connotation - ✔✔- connotation is an implied meaning, denotation is the exact
definition

Self Regulation - ✔✔- the exercise of voluntary control over the self to bring the self into line
with preferred standards

Moral Identity - ✔✔- the aspect of personality that is present when individuals have moral
notions and commitments that are central to their lives

Machiavellianism - ✔✔- the degree to which an individual is pragmatic, maintains emotional
distance, and believes that ends can justify means (Manipulative)

Inspirational Appeal - ✔✔- An influence tactic designed to appeal to one's values and ideals,
thereby creating an emotional or attitudinal reaction

Rational Persuasion - ✔✔- An influence tactic using logical arguments and hard facts to show
the target that the request is a worthwhile one

Legitamate Power - ✔✔- power due to position

Reverent power - ✔✔- Power earned by those who are respected

Beliefs - ✔✔- specific ideas that people hold to be true

Norms - ✔✔- rules and expectations by which a society guides the behavior of its members

Culture - ✔✔- the enduring behaviors, ideas, attitudes, values, and traditions shared by a group
of people and transmitted from one generation to the next

Ethics - ✔✔- the principles of right and wrong that guide an individual in making decisions

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