The Hersey-Blanchard Situational Leadership® Model (Hersey & Blanchard 1969) argues that the right leadership style depends on:

a. position power
b. task complexity
c. the unique one-on-one relationships between followers and leaders
d. follower readiness in terms of ability and willingness


d. follower readiness in terms of ability and willingness

Business

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Kristen and Haley are employees of a publishing house and work together on the same team. Kristen believes that Haley hails from an individualistic culture. Which statement, if true, strengthens Kristen's belief?

A. Haley focuses on self-development and puts her needs before those of the group. B. Haley prioritizes helping her team members attain their career advancement goals. C. Haley places emphasis on achieving upward social mobility by fulfilling common goals. D. Haley prefers decision making through her team members' participation in management. E. Haley's traits are typical of those from cultures that expect protection from the community.

Business

On September 12, Ryan Company sold merchandise in the amount of $7000 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $4600. Johnson uses the periodic inventory system and the net method of accounting for purchases. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Johnson makes on September 18 is:

A.

Accounts payable7000? 
  Purchases discounts 210?
  Cash 6790?

B.
Cash6790? 
Purchases discounts210? 
  Accounts payable 7000?

C.
Accounts payable4600? 
  Merchandise inventory 138?
  Cash 4462?

D.
Purchases6790? 
  Cash 6790?

E.
Accounts payable6790? 
  Cash 6790?

Business

In the path-goal theory, ________ leadership refers to behaviors geared toward motivating people, such as setting challenging goals and rewarding good performance.

A. supportive B. participative C. achievement-oriented D. directive E. charismatic

Business

For individuals with income below specified limits, a contribution to a traditional IRA is taken as

A) a gross income addition. B) an adjustment (deduction) to gross income. C) an itemized expense. D) a credit.

Business