Describe a situation in which a leader would choose a more transactional approach to her leadership over a more transformational one
What will be an ideal response?
Answer: A company that has successfully reorganized and reinvigorated itself after years of floundering would probably have more need for a leader who is primarily concerned with ensuring that the changes made for better performance remain in place and well-utilized, rather than a leader who will continue to transform the organization. Transformational leadership is the set of abilities that allows a leader to recognize the need for change, to create a vision to guide that change, and to execute the change effectively. In contrast, transactional leadership is essentially the same as management in that it involves routine, regimented activities.
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Internal performance measures focus on the efficiency and effectiveness of an organization's production process
Indicate whether the statement is true or false
Beth is a victim of Carl's violation of a criminal law. Criminal law is concerned with
a. the prosecution of private individuals by other private individuals. b. the prosecution of public officials by private individuals. c. the relief available when a person's rights are violated. d. wrongs committed against the public as a whole.
A company has sales of $695,000 and cost of goods sold of $278,000. Its gross profit (loss) equals:
A. $973,000. B. $417,000. C. $695,000. D. $(417,000). E. $278,000.
An example of the growth factor in common stock is
A) issuing new stock to provide capital for future growth. B) acquiring a loan to fund an investment in Asia. C) retaining profits in order to reinvest into the firm. D) two strong companies merging together to increase their economy of scale.