Alexa Was Recently Put in Charge of a Multi-Million-Dollar Project

question 7

Multiple Choice

Alexa was recently put in charge of a multi-million-dollar project. She selects several individuals to help with this effort and assigns each certain tasks to perform. In addition, she indicates that all decisions must be routed through her. Alexa is exhibiting which leadership style?

• A) democratic
• B) autocratic
• C) laissez-faire
• D) participative

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Definitions:

Common Stockholders

Individuals or entities that own shares of a company's common stock, granting them voting rights and a share of the company's profits through dividends.

Dividend Payment

A dividend payment is a distribution of a portion of a company's earnings to its shareholders, typically made in cash or additional stock.

Journal Entry

The accounting method for expressing the effects of a transaction on accounts in a debits-equal-credits format.