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LiRa [457]
3 years ago
11

GLOBE researchers identified six cultural dimensions that were determined to be applicable across all global cultures for assess

ing culturally endorsed implicit theories of leadership (CLTs). Which of the following reflects the degree to which managers involve others in making and implementing decisions?
a. team-oriented leadership
b. participative leadership
c. autonomous leadership
d. humane-oriented leadership
Business
1 answer:
Natasha2012 [34]3 years ago
3 0

Answer:

The correct answer is (B)

Explanation:

In participative leadership managers usually involve employees in making and implementing various decisions. Participative leadership is a type of democracy which help managers and employees to work together to achieve a common goal. Managers usually ask employees to join them in decision making and everybody is free to speak and suggest different measures. Although, very few managers use a participative leadership style.

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Answer:

The correct answer is letter "B": The agent has different incentives than does the principal.

Explanation:

Incentive conflicts more often called principal-agent problems arise when a <em>principal </em>(stakeholder) hires an <em>agent </em>(manager) to handle businesses on behalf of the principal but the principal's interest is different from the agent's purpose.  

Agents are paid for following the principal's instructions but in most cases, when it comes to decision-making, the point of view of the agent differs from the position of the principal. The principal's point of view is typically self-biased.

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Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.

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