The Question of How One Leads Others Who Are Supposed

question 34

Multiple Choice

The question of how one leads others who are supposed to lead themselves is the essence of the team paradox encountered by leaders of self-managing and self-directing teams.When a team leader encounters the challenge posed by this paradox,which of the following reactions is most common/likely by the leader?

• A)Restructuring the tasks performed by the team to make them more rewarding
• B)Resistance to change,role conflict,and the unwillingness to relinquish power
• C)Hiring more people to join the team and share the work
• D)A willingness to relinquish power,embracing change,and a relaxing of the rules/norms used to reinforce the leader's authority

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Definitions:

Price of Insurance

The cost or premium that individuals or entities pay to transfer risk to an insurance company, securing financial protection against specified losses.

Wealth

The total value of all financial and material possessions owned by an individual, entity, or country.

Probability

A measure of the likelihood that a specific event will occur, often expressed as a number between 0 and 1, where 1 represents certainty.

Von Neumann-Morgenstern Utility Function

A mathematical model that represents an individual's preference structure in a way that allows for measurable utility and decision-making under uncertainty.