The Style Approach to Leadership Explored Which Style of Leadership

question 24

Multiple Choice

The style approach to leadership explored which style of leadership was the most effective.According to research,the most effective leadership style is the ________________ style.

• A) democratic
• B) laissez-faire
• C) authoritarian
• D) Research shows that no one style is always more effective.

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Definitions:

Total Cost Line

A representation in graph form of the total cost of producing goods or services, which includes both fixed and variable costs, as a function of output level.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed to variable costs a company has.

Capital Structure

The mix of various forms of external financing used by a firm, including debt and equity, to fund its overall operations and growth.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold, including items like rent, salaries, and insurance fees.