Which of the Following Is an Example of Leader-Member Exchange

question 266

Multiple Choice

Which of the following is an example of leader-member exchange theory?

• A)A leader who is concerned with accomplishing a task by organizing others
• B)A leader who is concerned with reducing tension and maintaining morale
• C)A leader who consults with employees about work-related matters
• D)A leader who is concerned about maintaining high-quality social exchange relationships
• E)A leader who provides employees with a new vision that instills true commitment

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Definitions:

Barriers To Entry

Obstacles that prevent new competitors from easily entering an industry or area of business, such as high start-up costs or complex regulations.

Economic Profits

Profits exceeding the opportunity costs of the inputs used in the production process, an indicator of efficiency and effectiveness in resource utilization.

Mean Reversion

Suggests that performance eventually moves back toward the mean or average.

Demand And Supply Shocks

Unexpected events that cause sudden and significant changes in the demand or supply of goods and services in the economy.