Which of the following statements BEST describes the assumptions made by researchers of the behavioral approach to leadership?

A) Behaviors of effective leaders differ in various situations.
B) Behaviors of effective leaders are the same in all situations.
C) Behaviors of effective leaders reflect the proper traits for effective leadership.
D) Behaviors of effective leaders differ as reflected by different traits for effective leadership.
E) Behaviors of effective leaders reflect the proper disposition for effective leadership.


Answer: B
Explanation: B) Behavioral researchers assumed that the behaviors of effective leaders differed somehow from the behaviors of less effective leaders, and the behaviors of effective leaders would be the same across all situations.

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Which of the following statements is true of laws relating to compensation?

A. They place restrictions on the salaries drawn by the top management. B. They protect the organization's investment on its employees. C. They require that firms pay the same work pay for men and women. D. They monitor the financial investments made by the top management of the organization. E. They require that firms pay the same work pay for all employees of a department.

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Business-to-business markets do NOT include ________

A) manufacturers B) wholesalers C) end consumers D) retailers E) government agencies

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Weston Company had the following stock investments with insignificant influence in its portfolio at December 31, Year 1. Weston had several investment transactions during year 2.(1) Determine the amount Weston should report on its December 31, Year 1 balance sheet for its stock investments.(2) Determine the amount Weston should report on its December 31, Year 2 balance sheet for its stock investments.(3) Prepare the necessary adjusting entry to record the fair value adjustment at December 31, Year 2.Stock InvestmentsCostFair Value40,000 shares of Beach common stock$ 497,500$ 488,90015,000 shares of Danfield common stock410,200412,60018,000 shares of Cardinal common stock399,600382,500Jan. 22Sold 9,000 shares of Cardinal common stock for $202,150. Nov. 01Purchased 12,000 shares of Cliff

common stock for $223,950. The shares represent a 10% ownership.Dec. 31At December 31, Year 2, the fair values of its investments are: Beach, $502,500; Danfield, $411,800; Cardinal, $203,100; Cliff, $224,750. What will be an ideal response?

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Which of the following is correct regarding fund classifications?

A. Proprietary funds include enterprise, internal service, and private-purpose. B. Fiduciary funds include agency and enterprise funds. C. Governmental funds include the general, special revenue, internal service, capital projects, and permanent. D. None of the choices is correct.

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