Rafa Works in the Human Resources Department at Golden Arrow

question 60

Multiple Choice

Rafa works in the human resources department at Golden Arrow Publishers, and in the evenings she is working toward a business degree at the local community college. In one of her classes, Organizational Psychology, the most recent lecture dealt with path-goal theory. The following week, for an assignment, Rafa asks her coworkers questions about what makes a person successful in business. Based on the responses of her coworkers and what you know about leadership styles, which of Rafa's coworkers would benefit most from a participative leadership style?

• A)Zinnia, who believes most successful people come from supportive family backgrounds
• B)Herschel, who believes that some people are naturally more talented at business than others
• C)Teri, who prides herself on her ability to adapt to and learn from difficult situations
• D)Ivy, who believes that success is a combination of luck, talent, persistence, and hard work
• E)Angel, who credits his own hard work for his successes but blames his failures on others

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Definitions:

Accounts Receivable Period

The mean duration that a company requires to receive payments from credit sales, reflecting the effectiveness of its policies on credit and collections.

Operating Cycle

The period of time between the acquisition of inventory by a company and the receipt of cash from accounts receivable from the sale of that inventory.

Inventory Period

The time it takes for a company to turn its inventory into sales.

Accounts Payable Period

The duration it takes for a company to pay off its supplier invoices.