If Doug Drives His Car into a Tree, Reducing the Value

question 153

Multiple Choice

If Doug drives his car into a tree, reducing the value of the car from $15,000 to $14,000, then Doug's wealth:

• A) decreases by $15,000.
• B) increases by $1,000.
• C) does not change.
• D) decreases by $1,000.

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Definitions:

Empowering Leadership

A leadership approach focused on giving team members autonomy, encouragement, and resources to make decisions and achieve goals.

Servant Leadership

A leadership philosophy that emphasizes the importance of serving others, focusing on the growth and well-being of people and communities.

Psychological Empowerment

The feeling of self-efficacy, autonomy, and importance that an individual experiences in their work, contributing to a sense of control over their tasks and outcomes.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.