Managers Who Listen to Their Subordinates and Allow Them to Participate

question 9

Multiple Choice

Managers who listen to their subordinates and allow them to participate in decision making are using the ________ style of leadership.

• A) autocratic
• B) free-rein
• C) participative
• D) bureaucratic

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Definitions:

Effective Rate

The actual interest rate an individual earns or pays on an investment or loan, taking into account the effect of compounding.

Semi-annually Compounded

This refers to the process of applying interest to a principal balance twice a year, effectively increasing the amount of interest earned or paid over time.

Rate of Return

The profit or deficit incurred on an investment during a certain timeframe, represented as a proportion of the investment's original price.

Maturity Date

The date on which the principal and accrued interest on an investment or loan are due.