What happens in the holding environment of adaptive leadership?
What will be an ideal response?
The holding environment is the safe place for dialogue, interaction, conflict, and change. Within the holding environment, people can feel safe tackling difficult problems, but they also still need to be engaged in these difficult problems. So a good holding environment provides enough comfort for people to express their opinions and ideas but is not so comfortable that people avoid issues and feel as though others will take on the difficult tasks for them. The holding environment is where adaptive work happens.
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The petty cash fund has a current balance of $250, which is the established fund balance. Based on activity in the fund, it is determined that the balance needs to be changed to $600. Which journal entry is needed to make this change?
A) Debit the Petty Cash account and credit the Cash account for $600. B) No journal entry is needed because this change only involves cash. C) Debit the Petty Cash account and credit the Cash account for $350. D) Debit the Cash account and credit the Petty Cash account for $350.
In calculating the probability of a project being completed on time, applying the relevant formulas for expected time and variance allows us to calculate ______.
A. the most likely time for each activity B. the expected cost for the project C. the actual cost for the project D. the start date for the project
P&G has sold off a number of lesser or declining brands such as Oxydol detergent and Jif peanut butter. In these examples, management decided to ________ the products
A) modify B) maintain C) drop D) harvest E) franchise
Residual income is a better measure for performance evaluation of an investment center manager than return on investment because: (CMA adapted)
A. only the gross book value of assets needs to be calculated. B. the problems associated with measuring the asset base are eliminated. C. the arguments about the implicit cost of interest are eliminated. D. desirable investment decisions are less likely to be neglected by high-return divisions.