Three Principles of Leadership Behavior Emerged from the Michigan Study

question 32

True/False

Three principles of leadership behavior emerged from the Michigan study.These principles included: (1)Employees need some area of freedom to make choices,(2)Leaders should not give task directions to their followers as the workers should be independent,and (3)Leaders must be employee oriented.

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Definitions:

Small Acquisitions

Refers to the purchase of smaller companies, typically involving less financial risk and a simpler integration process compared to larger mergers and acquisitions.

Consolidated Net Income

The total earnings of a company and its subsidiaries after taxes and interest, adjusted for minority interests.

Non-Controlling Interest

A minority stake in a subsidiary that is not owned by the parent company, reflected as a separate component of equity in the consolidated financial statements.

Equity Method

An accounting technique used to record equity investments to reflect the investor's share of the investee's earnings or losses.