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:

Corporate Bond

A loan to a corporation; the corporation agrees to pay the bondholder back with interest, much like a bank pays a customer with money on deposit.

Interest Per Year

The annual amount of interest paid on an investment or loan, expressed as a percentage of the principal.

Net Proceeds

The amount of money made on a stock trade after the brokerage fees are paid.

Broker Fee

A flat fee or commission that a stockbroker charges for trade stocks.