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Consideration Is the Extent to Which the Leader Has Relationships

question 131

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Consideration is the extent to which the leader has relationships with subordinates that are characterized by mutual trust,two-way communication,respect for employees' ideas,and empathy for their feelings.


Definitions:

Sunk Costs

Expenses that have already been incurred and cannot be recovered or changed, and therefore should not influence future decisions.

Sunk Costs

Expenses that have already been incurred and cannot be recovered.

Opportunity Costs

The cost of opting for one choice over another, representing the benefits missed out on when choosing one alternative over another.

Taxes

Compulsory financial charges or levies imposed by a government on individuals, corporations, and transactions to fund public expenditures.

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