In Team Leadership Theory, Two of the Leader's Primary Decisions

question 55

Multiple Choice

In team leadership theory, two of the leader's primary decisions are

• A) To build a vision and implement change.
• B) To monitor or take action.
• C) To be a role model and an innovator.
• D) To organize and to control.

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Definitions:

Supply

The total amount of a good or service available for purchase at any specified price.

Demand

The level of demand for a good or service, depending on consumers' readiness and capacity to buy at various prices.

Equilibrium

A state in an economy or market where demand equals supply, and there is no tendency for change.

Complements

Goods or services that are used together, where the increase in the demand for one leads to an increase in the demand for the other.