The Conference Board of Canada Forecasts That by 2020, There

question 53

True/False

The Conference Board of Canada forecasts that by 2020, there will be a labour shortage of more than one million workers.

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Definitions:

Vroom-Jago

A leadership model that helps in decision-making processes by evaluating the effectiveness of participative, consultative, and autocratic leadership styles in various scenarios.

Leader-Participation Model

A leadership theory which suggests the degree of involvement and participation of team members in decision making should be contingent on characteristics of the situation.

Consult-With-Group

A decision-making approach where input and advice are sought from a group to enhance the quality and acceptance of decisions.

Low-LMX Relationship

Refers to a low-quality Leader-Member Exchange relationship, characterized by limited trust, respect, and obligation between a leader and a follower.