You Have Been Working Under the Same Manager for Nearly

question 30

Multiple Choice

You have been working under the same manager for nearly a year and have been allowed to do your job with almost no interference from your manager.The manager's only concern seems to be that you are efficient and productive and meet your goals.Since this manager surrenders most of her responsibility to her subordinates,she would be referred to as a(n) ________ leader.

• A) democratic
• B) transactional
• C) autocratic
• D) laissez-faire
• E) authoritarian

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Definitions:

Goodwill

Goodwill is an intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets and liabilities at the acquisition date.

Book Value

The net value of a company's assets found on its balance sheet, calculated as total assets minus intangible assets and liabilities.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net assets, reflecting the value of the business's brand, customer relationships, and other unquantifiable assets.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee, typically involving adjusting the value of the investment over time to reflect shared profits or losses.