Human Resource Management > QUESTIONS & ANSWERS > Final Exam Study Set-SHRM-CP* Questions and Answers Rated A+ (All)
Final Exam Study Set-SHRM-CP* Questions and Answers Rated A+
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Final Exam Study Set-SHRM-CP* Questions and Answers Rated A+ Blake-Mouton Theory ✔✔Highest to lowest (R to L, Top to Bottom): 1: Team Leader 2. Country Club 3. Middle of the Road 4. Authorit... arian 5. Improverished Leader Hersey-Blanchard's Situational Leadership ✔✔-No ideal leadership type, but style should match maturity of employees. -Flex to situation or to people involved. Fiedler's Contingency Theory ✔✔-Certain leaderhip styles more favorable for certain situations. -Don't train/change leaders style-change situations. -leader-member relations -Task structure -Position power John Adair-Action Centered Leadership ✔✔Effective leader accomplishes tasks through the efforts of the team. Dispersed Leadership ✔✔AKA "Emergent leadership" Given a certain task a leader will emerge. Budget Types ✔✔1. Zero Based Budget 2. Incremental Budget 3. Formula Budgeting 4. Activity Based Budget Zero Based Budgeting ✔✔-Justify entire budget and show how funding meets Org's goals. -Budget starts at 0 and all expenditures justified each new period. -Goals/units ranked by priority, then $ given. Incremental Budgeting ✔✔Line Item Budgeting. Prior year budget basis for the next. Increased incrementally by a set %. Additional funds must be requested based on need. Formula Based Budgetting ✔✔-Different units or operations receive varying %'s. -General funding is changed by specific amount units, budgets adjusted accordingly. Activity Based Budgetting ✔✔-Not how much to divide $, but how much it costs to perform enterprise activities. -Funding may be allocated in strategic significance. Balanced Scorecard ✔✔Measurement approach that provides an overall picture of an organization's performance in the following ways: [Show More]
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