According to the Leadership Categorization Theory of Robert Lord

question 15

Multiple Choice

According to the Leadership Categorization Theory of Robert Lord,

• A) leaders are more effective when they avoid using coercive power.
• B) leaders are more effective when they rely primarily upon informational and legitimate power.
• C) leaders are more effective when they are aware of what group members expect of them.
• D) leaders are effective when they socially categorize their followers.

---

Definitions:

Forecast Error

The difference between the actual demand and the forecasted demand, often used as a measure of the accuracy of demand forecasts.

Forecast Error

The difference between the actual demand and the forecasted demand, highlighting inaccuracies in demand planning.

Forecast Error

The variance between what actually happens and the forecasts from prediction models.

Expected Value

Expected value is a concept in probability that calculates the average outcome when the future involves scenarios that may or may not happen.