The Task Is Unstructured, the Group Members Hate the Leader

question 308

Multiple Choice

The task is unstructured, the group members hate the leader, and the leader has no position power.According to Fiedler, the leader will perform best if he or she

• A)is task-oriented.
• B)uses participation.
• C)is relationship-oriented.
• D)is charismatic.
• E)is social-emotional.

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Definitions:

Total Surplus

The total net benefit to society from the production and consumption of a good, equal to the sum of consumer surplus and producer surplus.

Consumer Surplus

The deviation between the full cost that consumers are willing and are financially suitable to pay for a product or service, and the cost they ultimately pay.

Individual Consumer Surplus

The net gain to an individual buyer from the purchase of a good; equal to the difference between the buyer’s willingness to pay and the price paid.

Selling Haircuts

The commercial activity of providing hair cutting and styling services to customers for a fee.