Scenario B

question 44

Multiple Choice

Scenario B. At a management retreat, you and a group of your colleagues are reminiscing about how much you enjoyed college life. Everyone remembers their favorite management topics. You are all surprised to realize that each of you has a favorite leadership perspective. However, no one can remember the name of the theory they liked most!
1. Tammy Jean knows that her favorite leadership perspective is the one that assumed that leaders are born, not made. (This is because Tammy Jean does, in fact, believe she is a "born leader!")
2. Li, on the other hand, has found that her most effective style of leadership is to capitalize on the fact that she arouses a sense of excitement in her employees, who genuinely like and admire her and want to follow her lead.
3. William argues that his favorite theory recognized that the best answer concerning which style of leadership to use is "It depends!" He maintains that the theory he liked the most argued for "looking before you lead."

-Li's leadership style can be described as

• A)trait.
• B)behavioral.
• C)situational.
• D)charismatic.
• E)transactional.

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Definitions:

Economic Value

The value of an asset deriving from its ability to generate income or its potential use in producing goods and services.

Useful Life

The estimated duration a fixed asset is expected to be economically useful to the owner, determining its depreciation rate.

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding cost of goods sold but including costs like rent, utilities, and payroll.

High Pressure Pump

A device that increases the pressure of liquids, commonly used in industries requiring the precise control of fluids under high pressure.