Which Situational Approach Theory Postulates That Effectiveness Depends on the Personal

question 92

Multiple Choice

Which situational approach theory postulates that effectiveness depends on the personal style of the leader and the degree to which the situation gives the leader power, control, and influence over the situation?

• A) The Vroom model.
• B) Hersey and Blanchard's situational theory.
• C) Path-goal theory.
• D) Leadership Grid.
• E) Fiedler's contingency model.

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Definitions:

Owner Invests

The action taken by an owner to contribute resources, such as cash or other assets, into the business for its use.

Revenue

The aggregate revenue derived from selling goods or services that are fundamental to an organization's main activities.

Account Payable

Money owed by a business to its suppliers or creditors for goods and services purchased on credit, considered a current liability.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest of shareholders.