Condi and George Both Work for the Same Employer

question 22

Multiple Choice

Condi and George both work for the same employer.Condi just started and isn't quite sure how she should complete the tasks that are being asked of her,but she is very motivated to do a good job.George,on the other hand,knows the ropes but is unenthusiastic about doing the work.According to Hersey and Blanchard's situational leadership theory,the follower readiness of Condi is:

• A)Able and willing
• B)Able and unwilling
• C)Unable and willing
• D)Unable and unwilling
• E)Ready and waiting

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Definitions:

Total Fixed Costs

The sum of all costs that remain constant in total amount regardless of changes in the level of production or output.

Total Cost

The combined financial outlay for producing goods or services, covering both unchanging and varying expenses.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Inelastic Resource Supply

A condition where the supply of a resource does not significantly change in response to price changes.