Suppose That You Are the Manager in Charge of a Work

question 50

Multiple Choice

Suppose that you are the manager in charge of a work team.You realise that high-performance teams are characterised by high mutual trust and it is your goal to make sure that your team has this high level of trust.You wish to use the recent research that has identified the key characteristics that lead us to believe that a leader is trustworthy as your model.Answer the following question about how you should proceed. Which of the following has been found to be the most important dimension in developing trust?

• A)loyalty
• B)openness
• C)consistency
• D)integrity

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Definitions:

Explicit Cost

A cost that requires an outlay of money.

Economic Profit

Revenue minus the opportunity cost of resources used; usually less than the accounting profit.

Accounting Profit

Revenue minus explicit cost.

Factors of Production

The resources used in the creation of goods and services, traditionally categorized into land, labor, capital, and entrepreneurship.