In Situational Management,a(n)______ Style Requires Providing Very Little Direction or Support

question 25

Multiple Choice

In situational management,a(n) ______ style requires providing very little direction or support to employees,and it is appropriate when interacting with outstanding employees.

• A) consultative
• B) autocratic
• C) participative
• D) empowering

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Definitions:

First Year

The initial year of operation, production, or accounting period.

Absorption Costing

An accounting method that integrates all costs associated with manufacturing, from direct materials and labor to variable and fixed overheads, into the final cost of a product.

Variable Costing

A costing method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold, excluding fixed overhead.

Operating Income

The profit realized from a business's operations after deducting operating expenses such as wages, depreciation, and cost of goods sold.