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As a Manager You Have Trained and Worked with Your

question 59

Multiple Choice

As a manager you have trained and worked with your team for three years.A new project is assigned to your group,one that is very similar to previous projects the team has accomplished with great success.In this situation it might be appropriate to use ______ leadership.


Definitions:

Buyer's Bank

The financial institution that represents a buyer in transactions, ensuring payment to the seller under agreed conditions.

Cashier's Check

A check issued by a bank and drawn from its own funds rather than those of a personal account, typically used for significant transactions where guaranteed funds are required.

Trade Acceptance

A draft that is drawn by a seller of goods ordering the buyer to pay a specified sum of money to the seller, usually at a stated time in the future. The buyer accepts the draft by signing the face of the draft, thus creating an enforceable obligation to pay the draft when it comes due. On a trade acceptance, the seller is both the drawer and the payee.

Draft

A preliminary version of a document or an order for payment issued by one party to another.

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