The Role of a Leader in an Organization Is To

question 85

Multiple Choice

The role of a leader in an organization is to:

• A) Establish principles and standards of behavior that guide business decisions
• B) Enforce violations of code rules of conduct
• C) Determine organizational climate and define norms
• D) Develop the principles and strategic initiatives to guide ethical action

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Definitions:

Dollar Volume

The total value of shares traded over a specific time period.

TSX

The Toronto Stock Exchange, a major stock exchange located in Toronto, Canada.

Venture Exchange

A marketplace meant for trading the stocks and securities of smaller or emerging companies.

Agency Problem

A conflict of interest inherent in any relationship where one party is expected to act in another's best interests, such as between shareholders (principals) and company executives (agents).