Diwali Airlines Has a Contract That Gives It the Opportunity

question 99

Multiple Choice

Diwali Airlines has a contract that gives it the opportunity to purchase up to 10 000 000 gallons of jet fuel at $2.00 per gallon. The current market price of jet fuel is $2.26 per gallon. Diwali believes it will only need 6 000 000 gallons of jet fuel. What is the value of this opportunity?

• A)$9 040 000
• B)$2 600 000
• C)$1 040 000
• D)$1 560 000

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Definitions:

Leader-Member Exchange

The dynamic and unique relationships between a leader and each of their team members.

Behavioral Approach

The study of leadership focusing on the observable behaviors and actions of leaders, rather than on their mental qualities or internal states.

Adaptive Leadership

is a leadership framework that emphasizes the importance of leaders and organizations being flexible and responsive to changing environments and challenges.

Typologies

Classifications or categorizations based on systematic organization of types, often used in social sciences to group entities based on common characteristics.