Tannenbaum and Schmidt Believed That the Manager Has a Choice

question 4

Multiple Choice

Tannenbaum and Schmidt believed that the manager has a choice. Managers who understand forces affecting decisions may determine the style they will employ. The manager who is sensitive can better assess the problems faced.
Which forces in the subordinate should the manager be sensitive to?

• A) When there is less time pressure in terms of decision, a delegative process may allow for gathering of ideas to reach a solution.
• B) Certain managerial 'traits' may enable a leader to be more direct in their decision making.
• C) leader may feel the power of multiple minds make it necessary to involve other individuals in a quest for a solution to a complex task.
• D) individual traits that drive some individuals to require a degree of clarity to any instruction in their need for boundaries

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Definitions:

Inventory

The complete inventory of products and materials owned by a business, intended for either production or selling.

Net Working Capital

The disparity between a firm's existing assets and its immediate liabilities, showing the company's short-term fiscal stability and efficiency in operations.

Bottom-Up Approach

An investment strategy that starts with the analysis of individual stocks and then proceeds to the broader economy.

Operating Cash Flow

A financial metric that represents the cash generated by a company's regular business operations in a specific time frame.