The Strength of the Demand for a Resource Depends on the Following

question 221

Multiple Choice

The strength of the demand for a resource depends on the following factors, except the

• A) supply of the resource.
• B) productivity of the resource.
• C) price of the product the resource helps to produce.
• D) demand for the product the resource helps to produce.

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Definitions:

Delegating Style

A leadership approach in which authority and tasks are assigned to subordinates, promoting autonomy and development within the team.

Encourages Followers

The act of motivating and inspiring individuals to follow a leader or support an idea or movement.

Facilitates Work

Refers to the process of making tasks easier or more efficient, often through the use of tools, technology, or improved processes.

Vroom-Yago Leadership Model

A leadership model that emphasizes how leaders can motivate their team by adapting their decision-making process based on the situation.