For Employees Who Have a High Internal Locus of Control

question 56

True/False

For employees who have a high internal locus of control, participative leadership gives employees a way of indirectly controlling organizational decisions.

---

Definitions:

Inventory Purposes

Refers to the reasons a company maintains inventory, which typically include meeting customer demand, ensuring production continuity, and managing supply chain risks.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.

Fixed Assets

Long-term tangible assets used in the operations of a business and not expected to be converted to cash in the near term.

Times Interest Earned

Times Interest Earned is a financial ratio that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes (EBIT).