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Summary Let’s try to apply our knowledge of variable costing and rev $7.49   Add to cart

Summary

Summary Let’s try to apply our knowledge of variable costing and rev

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Let’s try to apply our knowledge of variable costing and review a sample budget for a charter school. This budget is prepared assuming three levels of student enrollment (66, 100 and 120). Revenue and expenses projections are shown in the budget. Operating assumptions are shown in “...

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  • January 1, 2021
  • 2
  • 2020/2021
  • Summary
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Letter to the tram regarding
Leadership Change
Hi Team,

Our previous leader has been promoted to the next role and will be joining the senior leadership
team. I like to thank him for his efforts and years which he gave in the improvement of project. I
like to wish him luck for the future role and believe he will continue to impress with his work.

I will be joining as your new project manager and want to take it to new level with the help of
yours contribution. I have found some problem areas in the project and will like to improve on it.
I have observed team is facing communication issues, is less participative and creative.

I want to take project to a next level and for achieving my goals I need my team support. I want
my team to share a strong bond and help each other out in problems. Creativity is the key to
success so I want to my team to be creative in giving new ideas and it will be possible only if you
all participate together and work as a team.

So team let’s work together and shows all what we are capable of achieving.



Types of Leadership styles
1. Autocratic Leadership: In autocratic style of leadership decisions is taken by manager
only with asking others input. (Schmid, 2006). Managers have the total authority and
impose his ideas on employees. Decisions of a leader cannot be challenged. Autocratic
leadership of style will be beneficial to those employees who need close supervision.
Creative employees who work well in a team hate this style of leadership.
2. Participative Leadership: Participative style of leadership is also called as leadership
style. In this leadership style input of every team members are taken in consideration,
but the responsibility of decision making lies in the hand of participative leader. This type
of leadership helps in boosting the morale of employees as they also make contribution
in the decision making process. When some changes are requires within the company
this leadership style helps employees in accepting changes easily because they also plays
a role. When decision has to be taken in a short period then participative leadership style
face a challenge.
3. Transactional Leadership: Transactional leadership means on the basis of performance
rewards, reorganizations and punishment to be given to team members. Predetermined
goals are set by managers and team members. (Glanz, 2002). Goals are achievable or not
employees have to agree. Manager has the power to check the results and if targets are
not met then he can take action against the team member. If employees meet the target
then rewards like bonuses, appreciation certificates are given to them.
4. Laissez-Faire Leadership: In this style of direct supervision of employees are not done
and it lacks the regular feedbacks to employees. (Johnson, 2014). Employees who have a
good experience and some trained employee who are working efficiently and needs only
a little supervision comes under Laissez-Faire style of leadership. However very fewer

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