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Blizzard [7]
2 years ago
6

A leader's use of power can influence his or her overall effectiveness as a strategic manager. Which of these statements is true

? a. Edward Wrapp says that effective leaders should use their power in a dictatorial fashion to ensure team members understand who the final decision maker is. b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge. c. Jeffrey Pfeffer believes that only those with a title and official position can exert power within an organization. d. Edward Wrapp argues that organizational leaders do not have anything in common with political leaders and should not behave democratically.
Business
1 answer:
katovenus [111]2 years ago
4 0

Answer:

b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge.

Explanation:

A true leader does not believe in dictatorship, rather believes in team work. When a leader uses his information received from various sources he creates an understanding with the current and expected performance standards of the company.

This provides for the use of resources like reports in the form of budgets, available understanding of finances of company etc:

A true manager or leader shall use his understanding on the company requirements and possible opportunities.

Thus, option B provides for the same.

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The substitution bias in the consumer price index refers to the idea that consumers​ ______ the quantity of products they buy in
dsp73

Answer:

change; over-estimates

Explanation:

Substitution bias refers to a tendency in which economic index numbers don't include information about the changes in consumer spending when they switch expensive products for cheaper ones or buy less units as prices change. This changes are not reflected in the market basket from which the CPI is built which can cause inflation rates to be over-estimated.

7 0
2 years ago
UESTION 7 You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to
PSYCHO15rus [73]

Answer:

New Beta = 1,17

Explanation:

Portfolio   #   Beta   NEW Beta  

$ 5.000          1  1,00   2,00  

$ 5.000         2  1,12   1,12  

$ 5.000         3  1,12   1,12  

$ 5.000         4  1,12   1,12  

$ 5.000         5  1,12   1,12  

$ 5.000         6  1,12   1,12  

$ 5.000         7  1,12   1,12  

$ 5.000         8  1,12   1,12  

$ 5.000         9  1,12   1,12  

$ 5.000        10  1,12   1,12  

$ 5.000        11  1,12   1,12  

$ 5.000        12  1,12   1,12  

$ 5.000        13  1,12   1,12  

$ 5.000        14  1,12   1,12  

$ 5.000        15  1,12   1,12  

$ 5.000        16  1,12   1,12  

$ 5.000        17  1,12   1,12  

$ 5.000        18  1,12   1,12  

$ 5.000        19  1,12   1,12  

$ 5.000        20  1,24   1,24  

$ 100.000           1,12   1,17  

5 0
3 years ago
When dissolution occurs in the latter stages of a relationship between two firms, the loss of investments made in the relationshi
yan [13]

Answer:

The correct answer is letter "A": True.

Explanation:

The dissolution is the first of two steps in the termination of a partnership. It is followed by the "wind up" process where the firm ends to do business. The longer two or more companies hold a partnership, the worse the damages after the dissolution since at latter stages the firms tend to be more engaged in benefits and responsibilities.

7 0
3 years ago
Smith Company makes and sells a single product called a Pod. Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per h
Ganezh [65]

Answer:

Total direct labor costs= $295,680

Explanation:

Giving the following information:

Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.

Production= 22,000 Pods.

<u>First, we need to calculate the total direct labor hours required:</u>

Total direct labor hours= 22,000*1.4= 30,800 hours

<u>Now, the total direct labor costs:</u>

Total direct labor costs= 30,800*9.6

Total direct labor costs= $295,680

3 0
3 years ago
Who would be eligible for a 403b account?
Kamila [148]

The correct answer on Gradpoint is a government employee

3 0
3 years ago
Read 2 more answers
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