Describe how the behavioral approach to leadership could apply to the situational approach to leadership
What will be an ideal response?
Answer: The behavioral approach to leadership suggests that two forms of leadership prevail: task-focused leader behavior, in which a leader focuses on how tasks should be performed in order to meet certain goals, and employee-focused leader behavior, in which a leader focuses on the satisfaction, motivation, and well-being of his or her employees. The situational approach posits that the actions of a leader depend completely on the given circumstances of the organization to be led. Certain circumstances will necessitate certain behaviors from the leader, task-focused or employee-focused, depending upon where the need is greatest. Situational characteristics that affect decision making include the type of organization, group effectiveness, the problem itself, and time pressures.
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The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as:
A. corporate cultural responsibility. B. institutional morality. C. decision making for social responsibility. D. organizational ethical responsibility.
Which of the following is a limitation of the revenue-oriented pricing approach?
a. High tax rates b. Difficulty in determining costs c. High economies of scale d. Difficulty in communicating to consumers
What term is used to describe the skills required to open ourselves to diverse and fluctuating circumstances and events?
a. expanding b. challenging c. securing d. exposing
The bank made an EFT payment of a telephone bill of $5,000. How would this information be included on the bank reconciliation?
A) an addition on the bank side B) a deduction on the book side C) an addition on the book side D) a deduction on the bank side