Management Study Guide 2025-2026
Exam and Actual Answers.
Open leadership - Answer little or no direction to employees
Democratic Leader - Answer one who encourages works to share in making decisions about
their work- and work-related problems
Situational Leader - Answer one who understands employees and job requirements and
matches actions and decisions to the circumstances
Autocratic Leader - Answer gives direct, clear and precise orders with detailed instructions as
to what, when, and how work is to be done.
Bias - Answer preference for one thing over another
consensus rule - Answer all must agree
majority rule - Answer a decision where the most votes is what is decided
Values - Answer the things people find important and meaningful
prejudice - Answer an opinion a person holds despite facts indicating otherwise
CFO - Answer Chief Financial Officer- managing the financial risks of the corporation
CEO - Answer Chief Executive Officer- Administrator in charge of a managing an organization.
CIO - Answer Chief Information Officer- responsible for the information technology and
computer systems that support enterprise goals.