The answer to the blank part of the statement is situational control.
Situational control is a main feature in Fielder’s contingency theory of leadership. The theory states that <em>leadership changes from time to time, and thus the best leadership style is the one that adapts to the situation that the leader is facing. </em>
In this theory, Fielder defined situational control as <u>the extent that a leader can influence her or his team to do things in a certain situation. </u>
A Shareholder is the partial owner of the company who purchases and owns share of stocks in a company.
Answer:
Private branding
Explanation:
Private branding is defined as the strategy used by mostly retail stores where they put their own brand on products that they sell. It is used on wide variety of products sold by retailers from cosmetics to food.
They are also called store brands or own brands.
In the given scenario the stores are selling other manufacturers' products with their own brand names. This is private branding
Answer:
According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as Power Distance.
Explanation:
Hofstede basically discussed culture and investigated it and came up six different dimensions which a culture can have. Power distance is the dimension of the culture where people follow certain systems and hierarchies of the culture. If in a culture power distance will be higher then the people will be much divided in the castes based on the power, authority and money, like if in an organisation, power distance is higher, then the workers will tend to follow and obey hierarchy very strictly, and there will be much support from the top-level management, decisions will be made fro the top even without taking lower level employees into account. However, if the power distance is low, then there will be frequent sharing of idea, thoughts and support which is the main characteristics of the creative and innovative organisations.
Answer:
Project Management
Explanation:
Project Management activities include planning the work, assessing risk, estimating resources required to accomplish the work, organizing the work, acquiring human and material resources, assigning tasks, directing activities, controlling task execution, reporting progress, and analyzing the results. While Project management itself is the application of knowledge, skills, tools, and techniques to achieve certain targets within a stipulated budgeting and time constraints