Jim Is the Daytime Supervisor for an Automobile Assembly Line

question 108

Multiple Choice

Jim is the daytime supervisor for an automobile assembly line. He supervises 45 workers who perform routine jobs that require minimal training. Which of the following statements would indicate that Jim is following the transformational model of leadership?

• A) Jim seeks to motivate employees to pursue organizational goals above their own self-interests.
• B) Jim sets goals, monitors progress toward goal achievement, and rewards and punishes people for their level of goal accomplishment.
• C) Jim's leadership skills are most effective when applied to match the characteristics of the situation at hand.
• D) Jim wants to develop a partnership with his team illustrated by reciprocal influence, mutual trust, respect and liking, and a sense of common fates.
• E) Jim likes to provide the guidance and support needed by employees and ties meaningful rewards to completion of objectives.

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Definitions:

Excess Reserves

Banks' reserves that exceed the minimum reserve requirements set by central banking authorities, indicating additional liquidity.

Actual Reserves

The total amount of funds that a bank has held in reserve, both required and excess, to meet its liabilities.

Required Reserves

Minimum vault cash or reserves; held at the Federal Reserve District Bank.

Federal Open Market Committee

The branch of the Federal Reserve System that is responsible for setting the direction of monetary policy by buying and selling government securities.