If a Decision Is Important, and the Leader Has Little

question 11

Multiple Choice

If a decision is important, and the leader has little confidence in the judgment of subordinates, the leader is more likely to be:

• A) Directive
• B) Participative
• C) Free-rein
• D) Over the top

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Definitions:

Variable Costs

Costs that change in proportion to the level of output or activity.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.

Quantity Demanded

Quantity demanded is the total amount of a good or service that consumers are willing to purchase at a particular price over a specified period.

Consumer Tastes

Preferences and inclinations of consumers towards certain products, brands, or services, often influenced by cultural, social, and personal factors.