What does the term "leadership style" mean?

The term "leadership style" refers to a leader's approach to guiding and motivating their team. This encompasses various aspects of leadership, including how a leader interacts with team members, the methods they employ to encourage productivity, and the overall philosophy that shapes their decision-making processes. Different leadership styles, such as transformational, transactional, and participative, can significantly influence team dynamics, employee morale, and organizational culture.

In contrast, the other options focus on specific skills or functions that may not fully capture the broader concept of how a leader effectively guides and inspires their team. Communication skills, financial management, and policy design are indeed important components of effective leadership, but they are narrower in scope compared to the overarching idea of a leadership style, which encompasses the overall approach to leading and influencing a group.