Some managers have mastered different leadership styles and use them as assorted tools, chosen to fit different situations. When might an autocratic approach work better than a free-rein approach?
What will be an ideal response?
Answer: A manager might want to use an autocratic approach when dealing with a new employee whose judgment has been shown to be questionable or who doesn't know much about the organization yet.
Explanation: The autocratic approach can be effective in organizations or with employees who lack focus.
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Samuelson Engines wants to save $750,000 to buy some new equipment six years from now. The plan is to set aside an equal amount of money on the first day of each quarter starting today. The firm can earn 4.75 percent on its savings. How much does the firm have to save each quarter to achieve its goal?
A. $26,872.94 B. $26,969.70 C. $27,192.05 D. $27,419.29 E. $27,911.08
Using the Capital Asset Pricing Model (CAPM), the cost of common stock equity is the return required by investors as compensation for a firm's nondiversifiable risk
Indicate whether the statement is true or false