Which Statement Best Summarizes Transformational Leaders

question 77

Multiple Choice

Which statement best summarizes transformational leaders?

• A) They rely on contractual arrangements to manage employees.
• B) They use reward and punishment to shape employee behaviour.
• C) They inspire and stimulate followers to high performance levels.
• D) They use legitimate and reward power.

---

Definitions:

Currency Exchange Risks

Currency exchange risks involve the potential for losses due to fluctuations in the exchange rate between two currencies when conducting international transactions.

EUR

The primary currency for the Eurozone, adopted by 19 of the European Union's 27 nations.

Foreign Exchange

The exchange or swapping of one type of currency for another.

Absolute Purchasing Power Parity

A theory suggesting that the exchange rate between two currencies should equal the ratio of the countries' price levels for a fixed basket of goods and services.