Marsden Company Has Three Departments Occupying the Following Amount of Floor

question 22

Multiple Choice

Marsden Company has three departments occupying the following amount of floor space: $\begin{array}{|l|l|}\hline \text { Department 1 } & 15,000 \mathrm{sq.ft} \\\hline \text { Department 2 } & 10,000 \mathrm{sq.ft} \\\hline \text { Department 3 } & 25,000 \mathrm{sq.ft} \\\hline\end{array}$ How much store rent should be allocated to Department 3 if total rent is equal to $200,000? (Do not round your intermediate calculations. )

• A) $100,000
• B) $50,000
• C) $66,667
• D) None of the answers are correct.

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Definitions:

Implicit Leadership

The idea that leadership qualities are often unconsciously recognized and attributed by followers, beyond explicit leader actions or statements.

Transformational Leadership

A leadership style that inspires positive changes within individuals and organizations by focusing on team goals, morale, and interests beyond self-interest.

Competency

A combination of skills, knowledge, and behavior that is required to perform effectively in a job or activity.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty, often requiring flexible planning or preparation.