Mexan Ltd Needs to Handle Its New Account in the Most

question 119

Multiple Choice

Mexan Ltd. needs to handle its new account in the most effective and innovative way to ensure that its new client signs more contracts in the future. The enthusiastic team members of Danny's team come up with a number of innovative suggestions and strategies. However, Danny, fearing uncertainty and the unpredictability of a new process, rejects all the innovative ideas and asks his team to stick to the traditional way of working. Danny depicts the characteristics of a _____.

• A) benevolent leader
• B) change leader
• C) proactive manager
• D) democratic manager
• E) status quo manager

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Definitions:

Journalize Transactions

The process of recording financial transactions in a company's journal, marking the first step in the accounting cycle.

Credit Card Sales

Transactions where customers purchase goods or services using a credit card as the payment method.

Service Charge Fee

A fee charged by a bank or financial institution for processing transactions or providing a specific service.

Finance Charges

The cost of borrowing money, including interest and other fees.