What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)

1 answer:

6 0

There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.

Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.

The contingency theory states that there no one single leadership style often works for all employees.

He stated also that there are situational-contingent elements that influences a leader's ability to lead.

Learn more about Fiedler's contingency theory from

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Explanation:

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In the given scenario the fundamental factor affecting the cost of money could be Risk and Inflation
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Inflation, as the word means, is a general increase in prices invariably leading to the downfall of purchasing value for money. Inflation is market dependent. As that will definitely have an impact on the cost of doing business and related factors.

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If a contract provides a set amount of income for two or more persons with the income stops upon the first death of the insured, it is called a <u>Joint life annuity.</u>

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A contract is an agreement between private events creating mutual obligations enforceable by law. The basic factors required for the settlement to be a legally enforceable settlement are mutual assent, expressed by way of a legitimate offer and popularity; good enough consideration; capability; and legality.

The three maximum common settlement sorts consist of fixed-price contracts. cost-plus contracts. Time and substances contract. An instance of the contract is a loan settlement between shoppers and dealers of a vehicle. An example of a contract is a settlement between two human beings to be married.

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Answer:

These teams are both cross functional and project teams.

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Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.

These people come from different departments of the organization and work for a common goal.

Organizations often form cross-functional team for a short period for specific projects.

Here, this team is formed for the project of product launch so it is an example of cross functional project team.

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