The Normative Leadership Model Has a Time-Driven and Development-Driven Decision

question 95

True/False

The normative leadership model has a time-driven and development-driven decision tree that enables the user to select one of five leadership styles (decide,consult individually,consult group,facilitate,and delegate)appropriate for the situation (seven questions/variables)to maximize decisions.

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Definitions:

Cash Flows

The net amount of cash being transferred into and out of a business, especially affecting operating, investing, and financing activities.

Bank Loan

A type of loan provided by banks to individuals or businesses with an agreement to repay the borrowed amount along with interest over a specified period.

Operating Activities

business activities directly related to producing and delivering goods and/or services, which are the primary source of revenue for the company.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted into cash in the upcoming year.