In a Move to Become Less Hierarchical,many Organizations Have Eliminated

question 250

Multiple Choice

In a move to become less hierarchical,many organizations have eliminated the old-fashioned command and control mentality.This is most consistent with the idea of __________.

• A) leaders as coaches
• B) transactional leadership
• C) situational leadership
• D) trait leadership
• E) substitutes for leadership

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Definitions:

Balance of Payments

A comprehensive record of a country's international transactions over a period, showing the total trade of goods, services, and financial assets between residents and non-residents.

Overall Economic Activity

The total amount of production, consumption, saving, and investment happening in an economy at any given time.

Exports and Imports

Exports refer to goods and services sold by a country to other countries, whereas imports are goods and services bought by a country from other countries.

Gross Domestic Product

The total value of all goods and services produced within a country's borders over a specified period, indicating the size of its economy.