SCENARIO 11-3 the Two Leaders in Your Department Are Very

question 30

Multiple Choice

SCENARIO 11-3 The two leaders in your department are very different.John believes that he should guide and motivate by clarification of the roles and tasks of his subordinates.Alan feels that his role should be to provide individualized consideration and intellectual stimulation.Most of the workers believe that both leaders are well trained, but Alan has a special "spark" that employees feel when they work with him.
That special "spark" that people notice when they work with Alan may be termed

• A)transactional.
• B)laissez-faire.
• C)charisma.
• D)structure.
• E)transcendent.

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Definitions:

Deadweight Loss

A loss in economic efficiency that occurs when the optimal quantity of a good is not produced, often due to market distortions.

Daily Demand

The total amount of a good or service that consumers are willing and able to purchase at a particular price in a single day.

Tax

A necessary financial obligation or variant form of imposition placed upon a taxpayer by a governing institution aimed at generating income for government use and public expense funding.

Deadweight Loss

The loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.