According to the Vroom and Yetton Model, the Leader Should

question 100

Multiple Choice

According to the Vroom and Yetton model, the leader should NOT use an autocratic decision procedure when ________.

• A) the decision is important and subordinates have relevant information
• B) a decision is needed quickly to deal with an immediate crisis
• C) subordinates are likely to disagree with each other about the best solution
• D) subordinates trust the leader and respect his/her expertise

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Definitions:

Business Plan

A detailed document outlining the goals, strategies, target market, and financial projections for a business's growth and operation.

Securing Financing

The act of obtaining funds or capital for business operations or investments.

Potential Lenders

Individuals or institutions that may provide financial loans or credit to businesses or individuals.

Previous Clients

Individuals or entities that have previously engaged in business transactions or received services from a company, potentially representing opportunities for repeat business.