A Manager Who's Adopted a "Hands-Off" Approach and Provides Relatively

question 10

Multiple Choice

A manager who's adopted a "hands-off" approach and provides relatively little direction to subordinates,is practicing a _____ leadership style.

• A)laissez-faire
• B)democratic
• C)autocratic
• D)transactional

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Definitions:

Cash Payback Period

The time it takes for a project or investment to generate enough cash to recover the initial investment outlay.

Obsolescence

The process of becoming outdated or no longer used, often as a result of new inventions, technologies, or changes in consumer preference.

Cash Payback Period

The length of time it takes for an investment to generate enough cash flow to recover the initial investment cost.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period, representing the overall change in its cash position.