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Refer to the Scenario below to answer the question that follows.
Setting Goals (Scenario)
Sharon is Executive Director of a large national non-profit organization.She has a staff of 30 who are lacking in motivation and direction.The recently held national conference was poorly organized and conference revenue was down 35%,despite having a dedicated staff member managing the project with five junior employees.There was some rumbling among employees that the conference manager was a laissez faire manager and provided little direction.The five junior employees are all from a high power distance culture.
-Sharon should expect employees from a high power distance culture to be ________.
Present Value
The estimated value in today's terms of a sum of money or series of cash flows expected in the future, according to a specific rate of return.
Interest Rate
The percentage charged on the total amount of borrowed money or paid as earnings on investment, typically annualized.
Interest Rate
The cost of borrowing money, expressed as a percentage of the total amount borrowed, paid by the borrower to the lender for the use of their money.
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, per period of time.
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