Researchers Are Conducting a Study of a Company Called Acme

question 2

Multiple Choice

Researchers are conducting a study of a company called Acme Corp, which they believe to be led by a transformational leader. Which of the following, if true, would most support the conclusion that Acme's leader is a transformational leader?

• A) Acme's top managers often conflict over defining the organization's goals.
• B) Acme's goals tend to be very ambitious and to hold personal value for employees.
• C) Creativity is discouraged among Acme employees.
• D) Acme managers are cautious and rarely take risks.
• E) Acme's compensation plans are designed to reward short-term results.

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Definitions:

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.

Textiles

Materials made from fibers, filaments, threads, or yarns, typically used in the production of fabrics and cloth.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost compared to others.

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.