An Autocratic Leader Differs from a Leader Practicing Laissez-Faire Style

question 11

Multiple Choice

An autocratic leader differs from a leader practicing laissez-faire style of leadership,in that an autocratic leader:

• A)lets the team members make decisions.
• B)shows little concern for the task.
• C)emphasizes people over task.
• D)retains authority and information.
• E)acts with a "do the best you can and don't bother me" attitude.

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Definitions:

Fixed Costs

Expenses that do not vary with production level or sales volume, such as rent, salaries, and insurance premiums.

Rent

Payment made by a tenant to a landlord for the use of a property.

Depreciation

The allocation of the cost of an asset over its useful life.

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability that excludes interest and income tax expenses.