David's Peers Were Surprised When He Received a Promotion and Suddenly

question 88

Multiple Choice

David's peers were surprised when he received a promotion and suddenly became their supervisor.They thought he was rather unreliable and weren't sure he was up to the task.According to the contingency model,David has

• A)weak position power.
• B)poor leader-member relations.
• C)poor worker facilitation.
• D)low task structure.
• E)unsuccessful leadership adaptation.

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Definitions:

Liquidity Ratios

Financial metrics used to assess a company's ability to meet its short-term debt obligations, by comparing current assets to current liabilities.

Debt-Paying Ability

A financial metric used to gauge a firm's capacity to settle its obligations, often assessed through ratios such as the debt to equity or debt service coverage ratios.

Operating Cycle

The duration it takes for a company to buy inventory, sell that inventory, and collect cash from the sale, representing the time it takes to convert resources into cash flows.

Notes Payable

A liability recorded on a balance sheet, representing a written promise to pay a certain amount in the future.