Examlex
If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15 weeks you are taking classes and you make $12 per hour, and your room and board is $4,000 this semester (same as if not attending college) , then your opportunity cost of attending college this semester is
Leader-Member Exchange
A theory describing how leaders develop unique one-to-one relationships with each of the individuals reporting to them, influencing organizational outcomes.
LMX Theory
Leader-Member Exchange Theory, which focuses on the relationship between leaders and each of their subordinates as unique dyads.
Flawed Plans
Strategies or proposals that contain mistakes, oversights, or deficiencies, rendering them ineffective or problematic.
Challenge
A task or situation that requires someone to use their skills and abilities to overcome obstacles and achieve a goal.
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