When All Employees Are Exceedingly Clear About What Is Expected

question 161

Multiple Choice

When all employees are exceedingly clear about what is expected from them, guidelines for task completion are clear and understood, and rules and regulations in fulfilling their duties are clearly defined, it is likely the ____ leadership style is in place.

• A) entrepreneurial
• B) democratic
• C) participative
• D) autocratic
• E) consultative

---

Definitions:

Owner/Manager-Operated

A business model where the owner actively manages the day-to-day operations of the company.

Negotiated Price Approach

The negotiated price approach involves establishing the price of a product or service through direct negotiation between sellers and buyers, rather than using fixed prices or market rates.

Transfer Price

The price at which goods and services are traded between departments within the same company or between subsidiaries, often used for budgeting and tax purposes.

Responsibility Center

A unit within an organization tasked with specific duties and responsibilities, where performance is measured based on predetermined financial and operational metrics.