Gelrud Corporation's Recent Utility Costs Are Listed Below: Management Believes

question 16

Multiple Choice

Gelrud Corporation's recent utility costs are listed below: Management believes that utility cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method,the estimate of the fixed component of utility cost per month is closest to:

• A)$19,733
• B)$5,809
• C)$19,962
• D)$5,628

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Definitions:

Situational Approach

A theory that suggests leadership effectiveness depends on the interaction between the leader's style and the specific situation or environment.

Directive Behaviors

Leadership actions that involve giving explicit instructions and clear guidelines to subordinates.

Supportive Behaviors

Actions by a leader that show concern for followers' needs and well-being, fostering a positive and supportive work environment.

Situational Leadership

A leadership style that suggests the best leaders adjust their leadership approach based on the maturity and capability of their followers or the specifics of the situation.