The situational approach to leadership gives equal weight to the elements of the situation and the characteristics of the leader and followers in order to ascertain the outcomes of a leader's actions
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: The situational approach to leadership takes full account of the various factors that determine a situation.
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In 2001, Coca Cola reported net operating revenues of $20,092 million, gross profit of $14,048 million, operating income of $5,352 million, income before taxes of $5,670 million and net income of $2,183 million. Their net profit margin for 2001 is
A. 69.6% B. 10.9% C. 28.2% D. 26.6%
Which of the following parts of the IMF gives the final approval for the quota a state seeking to join the IMF should pay?
A. member states having at least 85 per cent of the total vote share B. all the member nations of the IMF C. the IMF Board of Governors D. the IMF Executive Board