The University of Michigan Studies Focused on Two Types of Leader

question 134

True/False

The University of Michigan studies focused on two types of leader behavior: motivation-centered and job-centered.

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Definitions:

Accounting-based Incentive Plans

Compensation plans that reward employees based on meeting certain accounting metrics, such as earnings per share or return on assets.

Long-term Business Focus

A strategic approach that prioritizes sustainable growth, investments, and operational decisions that benefit a company in the long run rather than focusing on short-term gains.

Unwanted Attention

Undesirable focus or notice from others, often causing discomfort or distress.

Accounting Methods

Accounting methods refer to the rules a company follows in reporting revenues and expenses in its financial statements. The two main types of accounting methods are accrual basis and cash basis.