Managers Are__________ ,While Leaders Are __________

question 24

Multiple Choice

Managers are__________ ,while leaders are __________.

• A)short-term oriented;
• long-term oriented
• B)long-term oriented;
• short-term oriented
• C)interested in creating a culture based on values;
• interested in maintaining existing structure
• D)making use of personal power;
• making use of positional power

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Definitions:

Maximum Imposed Price

Refers to a price ceiling, which is the highest legal price that can be charged for a product or service, typically set by the government.

Government

The organization or system through which a society or community is governed, typically consisting of various institutions and authorities.

Market

Any structure that allows buyers and sellers to exchange any type of goods, services, and information.

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of changes in price.