Instructions for the Following Question(s)

question 134

Essay

Instructions for the following question(s)
For the Variables line, write the numbers 1 to 4. To the right of the four numbers, write the four variables. To the left of the four numbers, write the answers to each variable from the Leadership Decision Making model that represents the style to use based on the variable. Fill in the Leadership Style and Action Taken lines with the appropriate answers.
Variables:
Leadership Style:
Action Taken:
-Leadership: Decision Making. Your secretary's computer works OK but is getting old, and you have money in the budget to replace it. You selected the last computer before the secretary started the job. The secretary has never purchased a computer before. You haven't been keeping up with the latest innovations and are not sure of what make, model, or features to get. The secretary has been doing an excellent job.

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Definitions:

Payback Period

The length of time required to recover the cost of an investment, calculated by dividing the initial investment by the annual cash inflow.

Discount Rate

The interest rate used to discount future cash flows to their present value, reflecting the time value of money and risk.

Initial Investment

The initial outlay of money required to start a project, purchase an asset, or invest in a business venture.

Useful Life

The estimated period over which an asset is expected to be usable for the purpose it was acquired.