To Save a Company from Bankruptcy, Its CEO Told Its

question 51

Multiple Choice

To save a company from bankruptcy, its CEO told its employees that he would eliminate 53 percent of the company's mechanics and reduce the compensation of the remaining mechanics by 26 percent. In terms of the normative decision theory, Steenland ______.

• A) made consultative decisions
• B) used a telling leadership style
• C) made autocratic decisions
• D) used a selling leadership style
• E) used an adaptive leadership style

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Definitions:

Confidential Information

Sensitive information that is not to be shared with unauthorized individuals or parties, often protected by law or agreement.

Employee Blogs

Online platforms where employees share insights, experiences, and information related to their work or industry, often sponsored by their employer.

Firm's Reputation

The public perception or regard for a company, often based on its business practices, ethics, and customer satisfaction.

Constant Connectivity

The state of being continuously connected to the internet or a network without interruption.