In the Managerial Grid,which of the Following Styles of Management

question 59

Multiple Choice

In the Managerial Grid,which of the following styles of management involve thoughtful attention to needs of people that ultimately lead to a comfortable,friendly atmosphere and work tempo?

• A) Country club management
• B) Team management
• C) Impoverished management
• D) Authority-obedience management
• E) Autocratic management

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Definitions:

Economic Failures

Situations where market outcomes lead to inefficiency, often resulting in resources not being allocated optimally.

Commercial Failures

Situations where businesses are unable to continue operations due to financial problems, often leading to bankruptcy or liquidation.

Golden Parachutes

Large financial compensation packages awarded to top executives if they are forced out of a company due to a takeover or merger, intended to discourage hostile takeovers.

Severance Packages

Benefits offered to employees after they are terminated, which can include compensation, healthcare, and other perks.