According to the LMX Leader-Member-Exchange) Model, Which of the Following

question 13

Multiple Choice

According to the LMX Leader-Member-Exchange) model, which of the following statements is true about how the theory operates?

• A) Leaders give different team members differential amounts of attention and treatment, and develop different relationships with different team members.
• B) Teams need to rotate leadership among different members of the team so as to involve all of the members.
• C) Leaders need to use both reward and punishment to motivate team members to perform tasks in addition to providing regular feedback to team members.
• D) Leaders need to offer resources, such as coaching and expertise to team members, who need to reciprocate by competent tasks and assignments.

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Definitions:

Dividends

Funds disbursed by a company to its stockholders, typically as a share of earnings.

Market Price

The present cost at which a service or asset is available for purchase or sale in the marketplace.

Average Collection Period

The typical duration a business must wait to collect payments from its customers for goods or services sold on a credit basis.

Financial Data

Refers to information related to the financial performance of an entity, including income, expenses, assets, and liabilities.