According to the Path-Goal Theory,a Leader Who Sets Challenging Goals

question 63

Multiple Choice

According to the path-goal theory,a leader who sets challenging goals and seeks improvements in performance is referred to as

• A)achievement-oriented.
• B)participative.
• C)institutional.
• D)charismatic.
• E)directive.

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Definitions:

Cash Budget

A cash budget is a financial plan that estimates the cash inflows and outflows over a specific period, helping businesses manage their liquidity and financial stability.

Minimum Cash Balance

The least amount of cash a business decides to keep on hand to meet immediate needs, often set as a part of cash management policies.

Cash Excess

Cash excess refers to the situation where a company or individual has more liquid cash available than is necessary for current operations or investments.

Master Budget

A comprehensive financial planning document that includes all of the smaller, individual budgets within an organization, projecting all major financial activities.