State University's College of Business Is Divided into Three Departments

question 33

Multiple Choice

State University's College of Business is divided into three departments, accounting, marketing, and management. Relevant information for each department is provided below: The Dean of the College of Business is trying to assign funds from the operating budget to the three departments. Assuming that the chair of each department is trying to attain the highest funding possible for his/her department, which of the following most accurately describes the allocation base that each chair will favor?

• A) The chair of the Management department will want to use the number of classes while the chair of the Marketing department will prefer the number of faculty.
• B) The chair of the Accounting department and the chair of the Management department will want to use the number of faculty.
• C) The chair of the Marketing department will want to use number of students, while the chair of the Accounting department will want to use number of classes per semester.
• D) The chair of the Accounting department will want to use number of students while the chair of the Management department will want to use number of faculty.

Understand the doctrine of respondeat superior and its application to torts committed in the course of employment.

Recognize scenarios where agency relationships are terminated and the effect of termination methods.

Identify the principles of vicarious liability, especially in cases involving intentional torts and criminal acts.

Distinguish between express, implied, apparent, and incidental authority in agency relationships.

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Definitions:

Individualized Consideration

Individualized consideration is a leadership behavior where leaders attend to the needs of each follower, acting as mentors or coaches, and fostering their personal development.

New Vision

Fresh or innovative outlook, strategy, or idea intended to guide the direction of an organization or project.

LMX Differentiation

focuses on the variability of leader-member exchange relationships within a team, indicating that a leader may have different quality relationships with various members.

Quality LMX Relationships

High-quality leader-member exchange relationships characterized by mutual trust, respect, and obligation.