Describe how the behavioral approach to leadership could apply to the situational approach to leadership
What will be an ideal response?
Answer: The behavioral approach to leadership suggests that two forms of leadership prevail: task-focused leader behavior, in which a leader focuses on how tasks should be performed in order to meet certain goals, and employee-focused leader behavior, in which a leader focuses on the satisfaction, motivation, and well-being of his or her employees. The situational approach posits that the actions of a leader depend completely on the given circumstances of the organization to be led. Certain circumstances will necessitate certain behaviors from the leader, task-focused or employee-focused, depending upon where the need is greatest. Situational characteristics that affect decision making include the type of organization, group effectiveness, the problem itself, and time pressures.
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According to the residual theory of dividends,
A) dividend payments are a constant percentage of earnings per share. B) a dividend is the residual above the payout ratio. C) dividends are a residual after investment financing needs have been met. D) earnings remaining after payment of preferred stock dividends should be paid to common stockholders.
Give an example of an option to expand a project. Why might this be of value?
What will be an ideal response?