Important Actions Being Delayed,responsibility Being Ignored and Power and Influence

question 134

Multiple Choice

Important actions being delayed,responsibility being ignored and power and influence being unutilized,are all associated with which of the following leadership styles?

• A)Passive management-by-exception
• B)Contingent reward transactional
• C)Laissez-faire
• D)Active management-by-exception
• E)Transformational leadership

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Definitions:

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the issuer in the case of default.

Banking Day

A business day during which financial institutions are open for business with the public.

Sight Draft

A draft that is payable as soon as it is presented to the drawee for payment.

Indorsement

The act of signing one's name on the back of a check, bill of exchange, or similar document, transferring the rights to another party.