The View That Leadership Is Best Understood by Observing How

question 32

Multiple Choice

The view that leadership is best understood by observing how leaders think and act comes from which theory?

• A)contingency theory
• B)situational theory
• C)trait theory
• D)behavioural theory

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Definitions:

Capacity

Capacity refers to the maximum amount of work or output a system is capable of achieving in a given period under normal conditions.

Sales Price

The amount of money charged for a product or service; the price for which something is sold.

Production Cost

The total expense involved in manufacturing a product or providing a service, including raw materials, labor, and overhead costs.

Variable Costing

An accounting method that only includes direct variable costs in product cost calculations, excluding fixed manufacturing overhead.