Which of the Following Describes Fiedler's Contingency Theory

question 31

Multiple Choice

Which of the following describes Fiedler's contingency theory? 

• A) ​Leadership styles are inconsistent and often change. 
• B) ​Leaders must be placed in or matched to a situation that fits their leadership style. 
• C) ​Leaders are capable of adapting their leadership styles to fit the demands of different situations. 
• D) ​Leaders can increase subordinate satisfaction and performance by clarifying and clearing the paths to goals.

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Definitions:

Marginal Revenue

The incremental income earned from the sale of one additional unit of a good or service.

Demand Schedule

A demand schedule is a table that shows the quantity of a good or service that consumers are willing and able to purchase at various price points.

Monopoly

A market structure in which a single seller controls the entire market for a product or service, facing no competition.

Natural Monopoly

A market condition where a single firm can supply a product or service more efficiently than multiple firms, leading to a lack of competition.