The Life Cycle Theory of Leadership Maintains That ________

question 35

Multiple Choice

The life cycle theory of leadership maintains that ________.

• A)a manager's leadership style should be independent of the follower's maturity levels and abilities
• B)the organization should match individuals with specific leadership situations
• C)a manager's leadership style will be effective only if it is appropriate for the maturity level of the followers
• D)leadership abilities of an individual increase as he gains experience and decrease after he reaches the maturity level
• E)as a manager gains experience he should shift toward a participative style of leadership

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' ownership in a company.

Accounting Equation

The fundamental principle of accounting stating that Assets = Liabilities + Equity.

Measurement Principle

A financial accounting principle that determines the specific basis (historical cost or fair value) on which assets and liabilities are recorded in the financial statements.

Actual Cost

The incurred cost that reflects the real financial expenditure on a project, purchase, or activity.