Which best describes the reason situational leadership is so practical for managers to use?

1 answer:

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Situational Leadership as a theory was developed by Dr. Paul Hersey in the late 1960s which aims to give further understanding between the leaders and its members. The fore cores of the theory are to ‘Diagnose’ (knowing the situation), ‘Adapt’ (Change the behaviors of the members in the level of the situation), ‘Communicate’ (letting the members understand the situation) and ‘Advance’ (further the developments). This is of course very helpful as its gives the leaders (managers) the opportunity to adjust themselves according to the situation. <span> </span>

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What is economy? economic basics study question 2

Evgen [1.6K]

The study that tells about the production, usage and distribution of goods and services among the people of the nation is called the economy.

<h3>What is production?</h3>

Production is the process of making finished goods by converting them from its raw materials.

Economy is referring to the study that describes the manufacturing, consumption and distribution of the goods and services among the citizens of the country. The field which studied about economy is called Economics.
It could be inclusive of customers, business firms and the government. The customers are the ones who acquire the goods for satisfying his/her wants.
The business houses are the entities that made the goods and then make it available in the market for sale to the customers. The government is the authority who regulate the equal distribution of goods to each and every people of the country.

Therefore, the economy is briefly explained above.

Learn more about the manufacturing process in the related link:

brainly.com/question/27908364

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vfiekz [6]

Explanation:

POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting

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<span>the answer to this question is: The revenue sacrificed represents a very small share of the show's revenue
The only way the show can still earn profit by selling cheap tickets is if they're gaining additional revenue from another streatm of income, such as selling merchandise on the concerts, providing beer and snacks, or selling autograph and photos</span>

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"John is 17 years old and he earned $3,500 in a summer job. His grandparents just ..."John can contribute $3,500 to an IRA. This is further explained below.

Generally, For those looking to save and invest for their retirement, an individual retirement account (IRA) is a kind of savings account that offers favorable tax treatment.

In conclusion, "John, who is just 17, worked all summer and saved $3,500. Just recently, his grandparents..." John has an annual IRA contribution limit of $3,500.