Which of the Following Is True About Managers and Leaders

question 67

Multiple Choice

Which of the following is true about managers and leaders according to management consultants Herb Greenberg and Patrick Sweeney?

• A) Managers give directions, whereas leaders seek directions.
• B) Managers implement ideas, whereas leaders initiate ideas.
• C) Unlike leaders, managers inspire achievement.
• D) Unlike leaders, managers influence people to act in a certain way.

Compute the expected contribution margin given a specific activity level.

Understand the cost formula for both variable and fixed expenses.

Determine net operating income using the contribution approach.

Analyze and calculate average fixed costs per unit at a defined activity level.

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Definitions:

Legal Defence

The arguments and evidence presented in court to defend against criminal or civil charges.

Pay Equity Act

Legislation aimed at eliminating gender and other discrimination in the compensation and employment practices.

Comparable Value

A principle aimed at ensuring pay equity, asserting that jobs of equal value to the employer, in terms of skill, effort, responsibility, and working conditions, should receive equal pay, regardless of the job holder's gender.

Bona Fide Occupational Qualification

A BFOQ refers to a job qualification that is essential for the operation of the business and can legally exclude certain individuals from employment.