The Manager of the Department Sets a Standard of Output

question 42

Short Answer

The manager of the department sets a standard of output per month, which is difficult but can be met with hard work. When the department meets the standard, all department members get a bonus for that month. Which path-goal leadership style is the manager using in this situation? a. directive
b. suppoitive
c. participative
d. achievement-oriented

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Definitions:

Holding Cash

Maintaining a portion of one's assets in cash or cash equivalents to manage risk or for upcoming transactions.

Maturities

The dates when the principal amount of a debt or investment is due to be paid back or reaches its expiration.

Default Risk

Default risk is the likelihood that a borrower will be unable to make principal and interest payments on a debt, potentially leading to financial loss for the lender.

Marketability

The ease with which an asset or security can be sold or bought in the market without affecting its price.