Ben and Chris Combined Their Love of Hockey with a Business

question 73

Multiple Choice

Ben and Chris combined their love of hockey with a business venture. They purchased a small portable cart and began selling hockey memorabilia outside of the hometown hockey arena. Their first year went well, but this past year has been a real struggle. Due to poor economic conditions including a loss of jobs, ticket sales at the arena are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris:

• A)this type of business is always high risk because it is seasonal.
• B) the business does not fill a sufficient need for most people.
• C)environmental circumstances are dynamic and tough to control.
• D)social entrepreneurs are currently getting most of the attention.

---

Definitions:

Telling Style

A leadership approach characterized by clear instructions and close supervision, often used in situations requiring quick action or with inexperienced teams.

High-Task

Pertaining to environments or situations that are intensely focused on task accomplishment and productivity.

Leadership Model

A framework or theory that outlines the attributes, behaviors, and practices effective leaders utilize to motivate and guide others.

Path-Goal Contingency Leadership

A theory that suggests that the leader's job is to assist followers in attaining their goals and to provide direction or support needed to ensure that their goals are compatible with the objectives of the group or organization.