In Organisations Whose Culture Conveys a Basic Distrust of Employees

question 28

Multiple Choice

In organisations whose culture conveys a basic distrust of employees, managers are more likely to use which of the following leadership styles?

• A)democratic
• B)participative
• C)authoritarian
• D)consensus
• E)laissez faire

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Definitions:

Notes Receivable

Legally enforceable claims for money owed to a business by its customers or clients, typically evidenced by a written promise to pay.

Formal Instruments of Credit

Legal documents that acknowledge debt and specify terms of repayment, such as notes payable or bonds.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue by comparing net credit sales to the average accounts receivable.

Net Receivables

The amount of money expected to be received from accounts receivable after deducting allowances for bad debts or discounts.