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Norman Has Been Working in the Sales Division for a Large

question 38

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Norman has been working in the sales division for a large manufacturing company for four months. In this short period of time, Norman has learned that Mr. Hill, his manager, keeps increasing monthly targets significantly, and though each time the target appears unrealistic, Norman has been able to achieve them throughout the last four months. Mr. Lee's approach of leading his employees to work more efficiently by setting successively higher targets is an example of his ________ leadership.


Definitions:

Operating Cycle

The duration it takes for a company to purchase inventory, sell products or services, and collect cash from customers.

Collect Cash

The process of receiving cash in exchange for goods or services rendered, contributing to a company's cash inflows.

Pay Cash

The act of settling a transaction or purchasing goods and services by using physical currency or digital equivalents thereof.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by comparing current assets to current liabilities.

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