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If a leader recognises that their followers are able to follow instructions and are willing to follow also,they should adopt a delegating style of leadership.
Variable Cost
Variable cost refers to expenses that change in proportion to the activity of a business, such as costs for raw materials or production that increase or decrease based on the volume of production.
Fixed Cost
Costs that do not change with the volume of production, such as rent, salaries, and insurance premiums.
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