What is a transactional leader? What is a transformational leader? Explain how these terms align with the earlier definitions of manager and leader.
What will be an ideal response?
Transactional leadership focuses on clarifying employees' roles and task requirements and providing rewards and punishments contingent on performance. This is most like the earlier definition of manager.
A transformational leader is a visionary who challenges people to perform above and beyond what's expected of them; to pursue organizational goals over self-interest. These leaders transform others. This is most like the earlier definition of leader.
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A. Inside (internally) B. Outside (externally) C. Both A and B D. None of these
The correct order to present current assets is
a. cash, inventories, prepaid items, accounts receivable. b. cash, inventories, accounts receivable, prepaid items. c. cash, accounts receivable, prepaid items, inventories. d. cash, accounts receivable, inventories, prepaid items.
To what degree a country's legal system is based on the rule of law makes no difference to international business; it is personal relationships that matter in foreign environments.
Answer the following statement true (T) or false (F)
Cost allocation is:
a. the tracking of direct costs to objects. b. the process of determining actual costs of projects. c. the process of assigning indirect costs to objects. d. a function of cost tracing. e. None of the answers are correct.