The Situational Approach Labels Leaders' Styles Specifically as

question 11

Multiple Choice

The situational approach labels leaders' styles specifically as

• A) Directive and supportive
• B) Initiating structure and consideration
• C) Concern for production and concern for people
• D) High task and low task
• E) Task and relationship

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Definitions:

Diminishing Returns

A principle stating that if one input in the production of a commodity is increased while other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.

Diminishing Returns

A principle in economics that states as one input variable is incrementally increased, there comes a point when the rate of resultant output begins to decrease.

Variable Inputs

Inputs, such as labor and materials, whose usage changes according to the level of production.

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases, leading to a reduction in average cost per unit.