Leadership Analyze describe founding leader(s), leadership style, major business principles a profit-oriented entrepreneurial approach primary goal provide a product service consumers make a profit. 2. Analyze describe founding leader(s), leadership style, major business principles a social-responsibility oriented entrepreneurial approach primary goal make a positive impact society (people, families, ecology, similar) providing a product service consumers make a profit.

Leadership style refers to the method or manner in which a person provides guidance regarding a particular issue, implements plans or motivates people in order to get a particular job done or goal achieved Baumgartel, 1957.

There are there major leadership styles that are seen in the various leaders all over the world Lewin, 1944()

The first is the authoritarian or autocratic leader. This is the leader who is a dictator and tells his employees or servants what they want to be done, how they want it done and any recommendations that the followers need to keep in mind. The authoritarian leader can be thought to be 'bossing people around' since they can become seriously abusive and unprofessional when a particular task is not done in the way they want it done. They may even occasion to the use of yelling or threats. This approach of leadership leads the followers to loathe their head and to fear the leader Schein, 1985()

Secondly, there is the democratic leader. This kind of leader can be though to be participative in the success of a project or activity....

This kind of leader involves their employees, servants or followers in the decision-making process which involves determining what needs to be done, how it should be done, tools needed to do it and much more. However, the leader has the final word in the decision making process. This approach of leadership helps employees to feel respected and part of the team Hirschman, 2008(; Schein, 1985)
The last approach to leadership is the laissez-faire leader. This kind of leader is one who is free. He delegates various aspects in the decision making process to various employees or followers and allows them to make decisions. However, the leader has the final word in the decision process, and is responsible for the decision made. This kind of system makes the employees feel indispensable and similar to leaders in the process. It creates trust and confidence between the followers and the leader Schein, 1985()

Virgin Records was founded by Richard Branson, Nik Powell and Simon Draper in the year 1972. It is a recording company founded to provide label recording services for artists, as well as management of sales of these different tracks and albums. The Virgin brand grew to include other large companies such as Virgin Megastores, Virgin Mobile, Virgin Vodka, Virgin Cola, Virgin Nigeria airlines, Virgin Trains, Virgin Health Bank, Virgin Atlantic Airways and many more. Richard Branson is a well-known personality all around the world.

The leadership style of Sir Richard Branson is one of democracy. Branson lets his top level executives…