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I have observed my leader interacting with all of us followers by sharing funny stories and getting us to share what we are doing both in and outside of work, and the work atmosphere is usually quite fun and energetic. I am a little concerned that we are not meeting our sales goals and that the chief financial officer is coming in later this week to address our poor performance. Using the main components of the behavioral leadership approach, describe what style your leader is using and what style she may use after the CFO meeting.
Accounts Receivable Period
The typical duration in days that a company requires to receive payments from its sales made on credit.
Restrictive Short-Term Financial Policy
A financial strategy that prioritizes maintaining a lower level of current assets relative to liabilities, often to maximize profitability at the expense of liquidity.
Marketable Securities
Financial instruments that can be quickly converted into cash, such as stocks, bonds, or treasury bills, with minimal loss of value.
Short-Term Debt
A financial obligation that is due to be repaid within a year or less.
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