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Romashka-Z-Leto [24]
3 years ago
9

Timothy uses a decision-making style characterized by low tolerance for ambiguity and a rational way of thinking. He typically m

akes fast decisions that focus on the short term. What style does Timothy use?
Business
1 answer:
Scilla [17]3 years ago
7 0

Answer:

Directive

Explanation:

Under directive style of leadership, a leader's approach is more of commanding and directive in nature in the sense, the leader will assign tasks and issue directions with respect to how those tasks are to be executed.

This approach is more formal and works in an environment where the job of the subordinates does not require specialization. So in such cases, the subordinates need to be guided and commanded in order to avoid uncertainty in task execution.

In the given case, Timothy is focused upon maintaining clarity with respect to direction and the performance of tasks. His leadership style incorporates quick decision making, focusing upon short term targets.

This is an example of directive form of leadership.

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Cost of machine = $1,000

NPV of revenues = p( \frac{1- (1+RoR)^{-n} }{RoR} ) = 600( \frac{1- (1+0.1)^{-3} }{0.1} ) = $1,492.11

NPV of salvage value = FV ( \frac{1}{ (1+RoR)^{n} } )= 100( \frac{1}{ (1+0.1)^{3} } ) = $75.13

Total NPV = -1000+1492.11+75.13 = $567.24 ≈ $567
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In the given case, Jenny's excitement keeps on decreasing with every chocolate she receives after a certain point of time.

Hence we can conclude that the given case illustrates law of diminishing marginal utility.

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