Which of the Following Is a Factor of the External

question 37

Multiple Choice

Which of the following is a factor of the external environment in an organization?

• A) Leadership bench strength
• B) Organizational culture
• C) Quality of talent
• D) Competitive forces

Recognize the importance of ethical leadership and the influence of leaders' decisions on organizational culture and employee behavior.

Understand the key principles of contemporary leadership theories, including Hersey and Blanchard's situational leadership model, Vroom-Jago leader-participation theory, House's path-goal theory, and Fiedler's contingency theory.

Identify different leadership styles (e.g., delegating, participating, selling, and telling) and when to use them according to the readiness of the followers.

Recognize the factors influencing the choice of leadership style, such as the importance of decision acceptance, information availability, and situational clarity.

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Definitions:

Worker

A person engaged in work, especially in manual or industrial labor, often for wages.

Profit Maximizing

Profit maximizing is the process by which a firm determines the price and output level that returns the greatest profit.

Workers Paid

Workers Paid refers to the total compensation, including wages, salaries, and benefits, given to employees for their labor.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods or services.