According to the Contingency Theory Developed by Fiedler, What Is

question 66

Multiple Choice

According to the contingency theory developed by Fiedler, what is the most appropriate action where it is found there is a misfit between the leader and the situation?

• A)Attempt to change the leaders behavior through training.
• B)Remove the leader and replace him/her with someone that will result in a fit.
• C)Reengineer the leader's situation to fit the leader's basic predisposition.
• D)Develop better assessment techniques for leaders as well as group members.

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Definitions:

Beta Coefficient

The beta coefficient measures the volatility of a stock or portfolio in comparison to the market as a whole, indicating its relative risk.

Systematic Risk Factors

Factors that affect the overall financial market and cannot be mitigated through diversification. These include interest rates, inflation, and economic recessions.

Economic Events

Economic events are occurrences with economic impact that affect an entity's financial position and performance, including transactions and market fluctuations.

Market Risk

The likelihood that investors might face losses because of issues impacting the general functioning of the financial markets.