Which of the Following Is NOT a Characteristic of Vroom's

question 63

Multiple Choice

Which of the following is NOT a characteristic of Vroom's decision tree approach?

• A) It focuses on the degree to which the leader allows subordinates to participate in decision making.
• B) It is presented in the form of decision trees.
• C) It assumes that one leader may display various leadership styles.
• D) It assumes that a high level of participation in decision making is best for all situations.
• E) It attempts to prescribe an appropriate leadership style for any given situation.

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Definitions:

Barriers To Entry

Factors that prevent or hinder the ability of a new competitor to enter an industry or market.

Monopolistically Competitive

Describes a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.

Demand Curves

Demand curves graphically represent the relationship between the price of a good or service and the quantity demanded by consumers, typically showing a downward slope.