A Manager Who's Adopted a "Hands-Off" Approach and Provides Relatively

question 10

Multiple Choice

A manager who's adopted a "hands-off" approach and provides relatively little direction to subordinates,is practicing a _____ leadership style.

• A)laissez-faire
• B)democratic
• C)autocratic
• D)transactional

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Definitions:

Conversion Price

The price at which convertible securities, such as convertible bonds or preferred stocks, can be converted into common stocks.

Coupon

The stated interest payment made on a bond.

Options Traded

Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price within a certain period of time.

Right to Buy

A privilege granted to shareholders or options holders to purchase additional shares within a company at a predetermined price and time.