Effective Leaders

question 42

Multiple Choice

Effective leaders:

• A) help groups of people define their goals.
• B) use power and persuasion to ensure that followers have the motivation and role clarity to achieve specified goals.
• C) arrange the work environment so that employees can achieve corporate objectives more easily.
• D) do all of these.
• E) do none of these.

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Definitions:

Flexible Resources

Assets, such as labor or equipment, that can be adjusted or redirected in response to changing production or operational requirements.

Contribution Margin

The amount by which a product's selling price exceeds its total variable costs, representing the portion of sales revenue that contributes to covering fixed costs.

Variable Administrative Expense

Costs that vary directly with changes in business activity levels, like sales commissions or raw material costs.

Direct Materials

Raw materials that are directly incorporated into a finished product and can be easily traced to it.