Fran Has Just Completed and Scored the LPC Questionnaire Given

question 83

Multiple Choice

Fran has just completed and scored the LPC questionnaire given to her during an evaluation exercise. She is surprised when she finds out that she described her least preferred coworker in relatively positive terms because she recalls being particularly annoyed by this difficult coworker several times in the past. Based on your understanding of Fiedler's model, you explain to Fran that her LPC score makes sense within the model because ________.

• A) Fran tends to become very dominating when given ambiguous tasks
• B) Fran is usually much more focused on productivity than on developing relationships
• C) Fran tends in general to focus on building good relationships with the other employees
• D) Fran has a spotty work history and has tended to switch jobs every couple of years
• E) Fran is usually chosen for positions of high responsibility within your organization

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Definitions:

Opportunity Cost

Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.

Consumer Surplus

The separation between the total amount consumers are equipped and willing to pay for a good or service and what is effectively paid.

Total Surplus

The sum of consumer and producer surplus, reflecting the total benefit to society from the production and consumption of goods and services.

Consumer Surplus

The split between the maximum total consumers are prepared to pay for a product or service and the actual payment.