When an Organization Is in Trouble, Which Leadership Approach Is

question 78

Multiple Choice

When an organization is in trouble, which leadership approach is most likely to lead to long-term effectiveness?

• A) Transformational leadership
• B) Charismatic leadership
• C) Transactional leadership
• D) Contingency leadership

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Definitions:

Trade

The exchange of goods and services between parties, which can be within or across national borders.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

Productive Resource

An asset or input used in the production of goods and services, such as labor, land, and capital.

Trade Surplus

A Trade Surplus occurs when the value of a country's exports exceeds the value of its imports within a certain period.