Mgm 3 Exam Questions And Answers 100% Pass

MGM 3 EXAM QUESTIONS AND ANSWERS 100% PASS •Entrepreneurial Leadership - •Break the rules •Not need structure, support, or an organization to guide their thinking •Being willing to take personal and business risks •Ex) Jeff Benzos & Reed Hastings Savant Leadership - Listening, empathy, healing, awareness •Collaboration, trust, empathy, and the ethical use of power •Contingency theory - •Leaders must be matched to a situation that fits their leadership styles •Transformational leaders - Visionary agents with a sense of mission who are capable of motivating followers to accept new goals and new ways of doing things. •Charismatic leaders - effective in collectivism culture. •Leaders who inspire and motivate employees through their charismatic traits and abilities. 2Disclaimer: Original Content, No Copyright Infringement, All Rights Reserved © 2025 •Transactional leader - •Individual who exchange rewards for effort and performance and work on a "something for something" basis. •New generation - Scored significantly higher on individualism •New generation leaders - Scored significantly lower on collectivism Country Club Management - Thoughtful attention to needs of people for satisfying relationships leads to a comfortable, friendly organization Authority-Compliance - efficiency in operations results from arranging conditions of work in such a way that human elements interfere to a minimum degree •Initiating structure - Degree to which a leader structures the roles of followers •Involves setting goals, giving directions, setting deadlines, and assigning tasks •Affects subordinates' job performance •Consideration - Extent to which a leader is friendly, approachable, and supportive and shows concern for employees •Affects subordinates' job satisfaction •Participative leadership - Both work-centered and people-centered approaches to lead subordinates. 3Disclaimer: Original Content, No Copyright Infringement, All Rights Reserved © 2025 •Decentralized authority - Encouraging people to play an active role in assuming control of their work •Authoritarian leadership - Work-centered behavior designed to ensure task accomplishment. (centralized authority) •Extrinsic motivation - Compensation or incentive plans (i.e.. Bonus stock options) •Intrinsic motivation - The sense of accomplishment or achievement (i.e.. Natural rewards) •Physiological needs - Basic physical needs for water, food, clothing, and shelter (basic salary and wage paid by org.) •Safety needs - - Desires for security, stability, and absence of pain (medical insurance and retirement plan) Social needs - - Interaction, affiliation, and being wanted by