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vagabundo [1.1K]
3 years ago
15

Abby's Designer Wear is a large boutique of designer clothes. Over the past year, the business slowed down, and the boutique sta

rted losing its popularity. Abigail, the boutique's owner, started an employee discussion board where employees shared their inputs on how the boutique could regain its popularity. After consulting the employees, Abigail launched a whole new collection of vintage wear that proved to be a sales success. Besides this, the employees felt happy that their inputs were taken into consideration. With regard to path-goal theory, the leadership style that is illustrated in this scenario by Abigail is called___A) supportive leadership
B) achievement-oriented leadership
C) participative leadership
D) directive leadership
Business
1 answer:
densk [106]3 years ago
6 0

Answer:

The answer is participative leadership (option C)

Explanation:

Participative leadership is a style of management that welcomes input, ideas and observations from employees before the company embarks on or adopt a decision.

In other words, this kind of leadership which is also known as democratic leadership provide employees with key and vital information on issues regarding a company's welfare and invite them to make inputs regarding what course of action should be taken.

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If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be
Natalka [10]

Answer:

<u>The rate of exchange for the £ is US$ 4</u>

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

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Rate of exchange = Amount in US$/Amount in £

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<u>Rate of exchange = 4 US$ per £</u>

We can also express the rate for the US$, this way:

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5 0
3 years ago
Assume that the labor market for barbers is competitive and that it is differentiated into two groups:
ehidna [41]

Answer and Explanation:

I will go through each and every option explaining the reasons and what option would be the best:

The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.

The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.

The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.

The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.

Hence the answer is D.

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