A Characteristic of the Organization That Can Substitute for Leadership

question 54

Multiple Choice

A characteristic of the organization that can substitute for leadership is:

• A) closely knit, cohesive work groups.
• B) routineness.
• C) training.
• D) professional orientation.

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Definitions:

GICs

Guaranteed Investment Certificates, a type of Canadian investment that offers a guaranteed rate of return over a fixed period of time.

Compounded Annually

Interest on an investment calculated once a year, taking into account both the initial principal and the interest from previous periods.

Maturity Value

The amount payable to an investor at the end of a bond's term or at the time of maturity, including both the principal and interest.

Income Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.