You Communicate with Your Followers When Necessary and Provide Direction

question 5

Multiple Choice

You communicate with your followers when necessary and provide direction if followers ask for it but day-to-day control of the decisions and work are left to your followers.You are using which leader behavioral style?

• A) delegating
• B) directing
• C) supporting
• D) coaching

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Definitions:

Consumer Surplus

The distinction between the ideal payment consumers are willing to make for a product or service and the real cost they incur.

Equilibrium Price

The price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by producers, leading to market balance.

Price Elasticity

The degree to which the demand or supply of a product changes in response to a change in price.