A Risk of a Directive Management Style Could Include

question 24

Multiple Choice

A risk of a Directive Management style could include

• A) slow decision making
• B) potential to lose focus
• C) inability to make tough decisions
• D) wrong diagnosis, wrong remedy

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Definitions:

Marginal Tax Rate

The rate of tax applied to the last dollar of income, indicating how much of any additional income will be taken as tax.

Lump-Sum Tax

A tax that is a set amount, no matter the taxpayer's income level or economic activity.

Proportional Tax

A taxation framework where the same rate is consistently applied to everyone, with no variation based on the amount of income.

Marginal Tax Rate

The rate at which tax is charged on an additional dollar of income.