Characteristics of the Organization That May Substitute for Leadership Include

question 108

Multiple Choice

Characteristics of the organization that may substitute for leadership include all of the following EXCEPT:

• A)rules and procedures.
• B)physical distance between supervisor and employee.
• C)rigid reward structure.
• D)plans and goals.
• E)employee personalities.

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Definitions:

Real Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.

Nominal Interest Rate

The percentage increase in money that the borrower pays the lender, not adjusting for inflation.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, over a given period of time.

Purchasing Power

the value of currency expressed in terms of the amount of goods or services that one unit of money can buy.