In scientific literature, the term “management style” is used as a synonym for “leadership style”. Therefore, before determining particular style (or styles) of management in the company, it is necessary to briefly analyze different types of leadership styles, that determine the approach to work management.
According to Bhatti (2012, 193) leadership can primarily be categorized into: laissez-faire leadership style (liberal leadership style), democratic leadership and authoritarian leadership style. Main characteristic of an authoritarian management style as the word “authoritarian” presumes, is to hold power and establish full control of the decision making process. It also constitutes a strict hierarchy, the tendency to simplify tasks to subordinates in order to gain control over the work process. There is also a strict reward and punishment system in place (Abrifor, Kalejaiye & Ogunola, 2013).