The Leadership Style in Which Employees (Followers) Make the Decisions

question 1

Multiple Choice

The leadership style in which employees (followers) make the decisions about how to accomplish the company's goals is

• A) autocratic leadership style
• B) democratic leadership style
• C) delegative leadership style
• D) none of the above

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Definitions:

Notes Payable

Notes payable are written agreements where a borrower agrees to pay back the principal amount along with interest to a lender at a future date.

Accrued Interest

Accrued Interest is the interest that has accumulated on a bond or loan since the last interest payment date but has not yet been paid.

Liquidity

The measure of how quickly and easily an asset can be converted into cash without significant loss of value.

Current Liabilities

Current liabilities are a company's debts or obligations that are due to be paid to creditors within one fiscal year.