According to Path-Goal Theory, Directive Leadership Should Be Applied Where

question 34

True/False

According to path-goal theory, directive leadership should be applied where the task is complex and the employee has an external locus of control.

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Definitions:

Economic Efficiency

The optimal allocation of resources in a manner that maximizes the production and distribution of goods and services.

Embargo

A government order that restricts commerce with a specified country or the exchange of specific goods.

Dumping

In international trade, it's the practice of selling a product in a foreign market at a price that is below the cost to produce it or below the price in the home market.

Tariffs

Taxes imposed by a government on imported goods to increase their price and protect domestic industries from foreign competition.