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Read the information supplied and answer the question which follows - Leaving Cert Business - Question B - 2019
Question B
Read the information supplied and answer the question which follows. Hexagon Solutions is a global software design company operating in Dublin. It offers competiti... show full transcript
Worked Solution & Example Answer:Read the information supplied and answer the question which follows - Leaving Cert Business - Question B - 2019
Step 1
Different stages in Maslow's hierarchy of needs theory
Answer
Maslow's hierarchy of needs consists of five levels:
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Physiological Needs: These are physical necessities required for human survival. Hexagon Solutions meets this need by offering competitive salaries to all its employees.
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Safety Needs: This involves the need for security and stability. Hexagon provides long-term employment contracts to ensure physical and financial safety for its employees.
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Social Needs: These needs pertain to interpersonal relationships and a sense of belonging. At Hexagon, a team structure allows employees to collaborate and interact, fulfilling their social needs.
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Esteem Needs: This level focuses on recognition and respect. Hexagon encourages a culture where staff ideas are accepted, and employee innovations are recognized, thus satisfying their esteem needs.
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Self-Actualization: This is the desire for personal growth and reaching one’s potential. Hexagon supports further studies for its employees, aiding them in achieving self-actualization.
Step 2
Describe two leadership styles.
Answer
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Autocratic Leadership: In this style, the leader makes decisions unilaterally, often without consultation. For example, a product recall requires quick decisions that do not involve team input.
- Characteristics: The leader gives direct instructions, there is limited employee input, and decision-making is centralized.
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Democratic Leadership: This style involves the leader encouraging team participation in the decision-making process. The leader considers the opinions of team members, fostering a sense of belonging.
- Characteristics: Decisions are shared, the leader collaborates with employees, and teamwork is emphasized.
Step 3
Outline the factors that influence the leadership style adopted by business managers.
Answer
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Type of Employees: Managers must consider the level of direction needed. High-skilled employees may require a more autocratic style while less experienced employees might benefit from a democratic approach.
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Time: The urgency of a decision impacts the leadership style. Quick decisions may necessitate an autocratic approach.
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Complexity of the Task: More complex tasks may require a structured environment with direct supervision, while simpler tasks might allow for more autonomy.
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Corporate Culture: Organizational values and norms influence the expected leadership style. A collaborative culture may lean towards democratic styles.
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Span of Control: The number of subordinates managed can affect style; larger teams may benefit from a more structured approach.