The Decision to Go Out of Business

question 235

Multiple Choice

The decision to go out of business

• A)may be made only in the short run.
• B)may be made only in the long run.
• C)may be made in either the short run or the long run.

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Definitions:

Expectancy Theory

A motivational theory positing that individuals are motivated to act in a certain way based on the expectation that their actions will lead to a desired outcome.

Situational Approach

A leadership model that proposes the effectiveness of a leadership style is dependent on the context or situation.

Supportive Style

A leadership or management approach that emphasizes empathy, encouragement, and actively assisting individuals or teams.

Path-goal Theory

A theory of leadership proposing that the way a leader behaves depends on how satisfied, motivated, and well-performing their followers are.