The Payback Period Rule Accepts All Projects for Which the Payback

question 24

Multiple Choice

The payback period rule accepts all projects for which the payback period is

• A)greater than the cut-off value.
• B)less than the cut-off value.
• C)positive.
• D)an integer.

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Definitions:

Fiedler’s Contingency Model

is a leadership theory suggesting that a leader’s effectiveness is dependent on how well the leader's style matches the situation or context.

Leadership Substitutes

Factors that can replace the need for leadership by making leadership unnecessary, such as highly structured tasks or highly motivated individuals.

Situational Control

The degree to which individuals can influence or manage the conditions or environment they are in.

Fiedler’s Contingency Model

A leadership theory proposing that effective leadership depends on the match between a leader's style of interacting with subordinates and the degree to which the situation gives control and influence to the leader.