Which of the Following Is an Assumption of the Contingency

question 27

Multiple Choice

Which of the following is an assumption of the contingency model of managerial leadership?

• A) Managerial leaders need to pick their style based on a stable situation or environment.
• B) As the situation changes, the managerial leader changes style.
• C) Managerial leaders have certain traits that fit certain situations better than others.
• D) As the managerial leader changes style, the situation changes for the followers.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' claim on the company's assets.

Note Payable

A documented commitment to repay a certain sum of money along with interest at an agreed-upon date in the future.

Long-term

Refers to assets, liabilities, or investments expected to be held or relevant for a period exceeding one year.

Current Liabilities

Obligations or debts that a company expects to pay or settle within one year.