_____ Typically Occurs When Leaders Set Clear and Challenging Goals

question 22

Multiple Choice

_____ typically occurs when leaders set clear and challenging goals for employees,showing confidence in their abilities and the expectation that they can perform at high levels.

• A)Participative leadership
• B)Production-centered leadership
• C)Anchoring leadership
• D)Achievement-oriented leadership

---

Definitions:

Great Recession

A significant decline in economic activity across the global economy lasting from late 2007 to mid-2009, considered the worst economic downturn since the Great Depression.

Financial Institutions

Organizations such as banks, credit unions, and insurance companies that provide financial services to consumers and businesses.

Commercial Banks

Financial institutions that offer a wide range of services, including accepting deposits, providing loans, and other investment products.

Fewer Banks

Refers to a situation in the financial sector where the number of banking institutions is reduced, which can affect the competition, availability of credit, and financial stability of an economy.