Elisa,the Marketing Manager of SourceAll,allows Her Subordinates to Make Most

question 116

Multiple Choice

Elisa,the marketing manager of SourceAll,allows her subordinates to make most of the decisions in their department on their own.Elisa's leadership style can best be described as _____.

• A)free-rein
• B)autocratic
• C)democratic
• D)persuasive

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Definitions:

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in GDP, real income, employment, industrial production, and wholesale-retail sales.

Budget Deficit

The situation in which a government's expenditures exceed its revenues, leading to borrowing or currency issuance.

Taxes

Compulsory contributions to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

Automatic Stabilizers

Economic policies and programs, like unemployment benefits and progressive taxation, that automatically help stabilize an economy by decreasing the effects of economic fluctuations.