__________ Leaders Set Clear, Short-Term Goals and Reward Followers Who

question 127

Multiple Choice

__________ leaders set clear, short-term goals and reward followers who meet them; __________ leaders inspire followers to focus on common long-term goals.

• A) Transactional; communal
• B) Task-oriented; relationship-oriented
• C) Transactional; transformational
• D) Transformational; relational

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Definitions:

ABC Approach

A methodology used in inventory management and cost accounting that prioritizes items based on their importance, cost, or another criterion, often categorized into A, B, and C groups.

Cash Discount

A reduction in the invoice amount by a seller if the buyer pays within a specified period, incentivizing early payment.

Purchases Discount

Purchases Discount represents a reduction in the price of goods a company buys, usually offered by suppliers as an incentive for early payment.

Opportunity Costs

The loss of potential gain from other alternatives when one alternative is chosen.