Leader Behaviour That Describes the Extent to Which a Leader

question 71

True/False

Leader behaviour that describes the extent to which a leader is sensitive to employees,respects their ideas and feelings,and establishes mutual trust is known as being high in consideration.

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Definitions:

Status Quo Bias

A cognitive bias that represents a preference for the current state of affairs, leading individuals to resist change.

Marginal Cost

The expense associated with creating an extra unit of a product or service.

Marginal Benefit

The further satisfaction or value an individual gains from consuming an extra unit of a certain product or service.

Optimal Quantity

The amount of a good or service that achieves the best balance between cost and benefit.