You Have Just Been Assigned to Work in a New

question 46

Multiple Choice

You have just been assigned to work in a new area,and your new boss is a woman.According to your text,you should expect your new boss to rely on a more ________ style of management than your former boss,who was a man.

• A)futuristic
• B)authoritative
• C)directive
• D)democratic
• E)competitive

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Definitions:

Very Inelastic

Describing a situation where the demand or supply for a good or service is largely unaffected by changes in price.

Inelastic

A characteristic of a good where its demand does not significantly change with changes in price.

Percentage Change

A mathematical calculation that describes the relative change between an old value and a new value, expressed as a percentage.

Unit Elastic

A situation in demand or supply where a change in price leads to an equal proportionate change in quantity demanded or supplied.