Three Major Styles of Leadership Exist in Groups

question 119

Multiple Choice

Three major styles of leadership exist in groups.Which of the following is NOT one of them?

• A)authoritarian
• B)democratic
• C)laissez-faire
• D)socialistic

---

Definitions:

Budgeted Balance Sheet

A financial report projected for the future that outlines a company's expected financial position, including assets, liabilities, and equity at a specific time.

Selling Expense Budget

A projection of the costs associated with selling a product or service, including advertising, sales staff salaries, and commissions.

Master Budget

The master budget is a comprehensive financial planning document that consolidates all of a company's individual budgets, forecasting future financial activities.

Sales

Deals involving the swapping of products or services for monetary value, which constitute the main income stream for numerous companies.