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Jamal and Joumana (Scenario)
Jamal and Joumana are both managers at a medium-sized medical supply firm. Jamal emphasizes to his people that the work must be done, regardless of circumstances, and encourages his employees to meet their sales quotas. He is generally liked, but because sales are unstructured, sometimes his employees resent his rather heavy-handed approach. Joumana has tried hard to build a good rapport with her employees and knows each of their families. She encourages her employees to work hard, but to be certain to take time for themselves and their families.
-Fiedler's contingency model would classify Jamal as ________ oriented.
Fixed Assets
Long-term tangible assets that are used in the operations of a business and not expected to be converted into cash in the short term, like buildings, machinery, and land.
Tax Shield Approach
A method of reducing taxable income through allowable deductions such as depreciation, resulting in lower tax payments.
Operating Cash Flow
The cash generated from normal business operations, indicating a company's ability to generate sufficient revenue to maintain and grow its operations.
EBIT
A financial performance measurement called Earnings Before Interest and Taxes, which disregards interest and income tax outlays to assess a company's profitability.
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