Suppose That an Executive Who Was an Effective Leader in Organization

question 25

Multiple Choice

Suppose that an executive who was an effective leader in organization X took a position with organization Y and was ineffective there.Which of the following,if true,would support Bonnie Haffior's likely explanation for the difference in performance?

• A) The skills required in organization Y required the same kinds of leadership behavior.
• B) The executive lacked the qualities that lead to success in all leadership contexts.
• C) The executive's actions at organization X were significantly different from those the executive took at organization Y.
• D) Many of the people who held the executive's position have been even less effective.
• E) After leaving organization Y, the executive took a position at organization Z, where she was even more effective than she was at organization X.

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Definitions:

Lower of Cost

An inventory valuation method requiring inventory to be recorded at the lower of its historical cost or current market value.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are the first to be expensed.

Inventory Holding Gains

Inventory holding gains are increases in the value of inventory a company holds due to price inflation or increased demand, not yet realized through sales.

U.S. GAAP

The Generally Accepted Accounting Principles in the United States, a common set of accounting rules and standards for financial reporting.