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Which Type of Fixed Cost (1) Tends to Be More

question 68

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Which type of fixed cost (1) tends to be more long-term in nature and (2) can be cut back more easily in bad economic times without doing serious harm to organizational goals and objectives?  Long Term in  Can be Cut Back More Easily In  Nature  Bad Ficonomic Times 1 Committed  Committed 2 Committed  Discretionary 3 Discretionary  Committed 4 Discretionary  Discretionary 5 Committed  No difference between committed and discretionary cost \begin{array} { | l | c | c | } \hline & \text { Long Term in } & \text { Can be Cut Back More Easily In } \\&\text { Nature }&\text { Bad Ficonomic Times }\\\hline 1 & \text { Committed } & \text { Committed } \\\hline 2 & \text { Committed } & \text { Discretionary } \\\hline 3 & \text { Discretionary } & \text { Committed } \\\hline 4 & \text { Discretionary } & \text { Discretionary } \\\hline 5 & \text { Committed } & \text { No difference between committed and discretionary cost } \\\hline\end{array}


Definitions:

LMX

Leader-Member Exchange Theory, focusing on the two-way (dyadic) relationship between leaders and members, influencing organizational outcomes.

Implicit Theories

involve the unspoken, automatic beliefs and perceptions that people hold about the world, others, and themselves, which influence behavior and attitudes.

Diverse Cultures

The presence and interaction of multiple cultures within a given setting, contributing to a rich and varied societal tapestry.

Leader-Member Exchange

A theory describing how leaders develop unique one-to-one relationships with each of the individuals reporting to them, influencing organizational outcomes.

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