On the Managerial Grid, a Leader Who Is High in Both

question 127

Multiple Choice

On the managerial grid, a leader who is high in both concern for people and concern for production would rate ________.

• A)1,1
• B)9,1
• C)5,5
• D)9,9

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Definitions:

Shortage

A situation in which demand for a good or service exceeds its supply in a market.

Demand And Supply

Economic model describing the interaction between the desire of consumers to buy goods at certain prices and the quantity of goods that producers are willing to sell at those prices.

Factors Of Production

Four basic inputs for effective operation: land, labor, capital, and entrepreneurship.

Overall Supply

The total amount of a product or service available in a market at any given time.