Michael Runs a Grocery Store

question 57

Multiple Choice

Michael runs a grocery store. He is patient with his staff members, and he treats them with respect. He trains them to cater to the needs of the customers. As long as average sales are made every month, he is not much concerned about profits. In the context of the Blake/Mouton leadership grid, which of the following leadership styles is Michael using in this scenario?

• A) The middle-of-the-road style
• B) The country club style
• C) The authority-compliance style
• D) The impoverished style

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Definitions:

Containers Refurbished

Used containers that have been restored to good condition and functionality for reuse.

Activity Variance

A measure of the difference between the actual level of activity and the planned level of activity.

Budgeting

The process of creating a plan to spend money over a particular period, a fundamental practice in financial planning and management.

Planning Budget

A budget designed for planning and preparing the financial strategies of an organization, often used to estimate future revenues and expenses.