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Minimizing Shipping Costs. Towns A, B, C, and D are located as shown in the figure. Two highways link town A to town D. Route 1 runs from town A to town D via town B, and Route 2 runs from town A to town D via town C. Suppose a fleet of 100 automobiles are to be shipped from an assembly plant in town A to town D. They may be shipped either by freight train along Route 1 at a cost of 20¢/mile/automobile or by truck along Route 2 at a cost of 18¢/mile/automobile.
Which means of transportation minimizes the shipping cost?
__________
What are the net savings?
$__________
Transformational Leadership
involves leaders working with their teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.
Referent Power
A form of power that stems from being admired and respected. It's the influence one has because others want to identify with or be like them.
Transformational Leadership Perspective
A leadership approach that focuses on inspiring and motivating followers to achieve exceptional outcomes by transforming their beliefs and values.
Culture-Bound
A term indicating that certain practices or beliefs are strongly influenced by and can only be understood within the cultural context in which they arise.
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