The Situational Approach to Leadership Was First Proposed as a Continuum

question 100

Essay

The situational approach to leadership was first proposed as a continuum of leadership behavior.Explain the two extreme ranges of the continuum.

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Definitions:

Nonfinancial Information

Information that is not monetary in nature, such as customer satisfaction, employee turnover, and operational efficiency, used in decision making.

Unprofitable Segment

A division or branch of a company that does not generate profit and may cause a financial drain on the business.

Hurdle Rate

The minimum rate of return on an investment that is required by a manager or investor to proceed with the investment.

Cash Payback Method

A capital budgeting technique that estimates the time required to recoup the initial investment through cash flows.