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SHRM-CP Final Exam Study Set-127 QUESTIONS WITH COMPLETE SOLUTIONS

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SHRM-CP Final Exam Study Set-127 QUESTIONS WITH COMPLETE SOLUTIONS Blake-Mouton Theory Correct Answer: Highest to lowest (R to L, Top to Bottom): 1: Team Leader 2. Country Club 3. Middle of the R ... oad 4. Authoritarian 5. Improverished Leader Hersey-Blanchard's Situational Leadership Correct Answer: -No ideal leadership type, but style should match maturity of employees. -Flex to situation or to people involved. Fiedler's Contingency Theory Correct Answer: -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 Correct Answer: Effective leader accomplishes tasks through the efforts of the team. Dispersed Leadership Correct Answer: AKA "Emergent leadership" Given a certain task a leader will emerge. Budget Types Correct Answer: 1. Zero Based Budget 2. Incremental Budget 3. Formula Budgeting 4. Activity Based Budget Zero Based Budgeting Correct Answer: -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 Correct Answer: 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 Correct Answer: -Different units or operations receive varying %'s. -General funding is changed by specific amount units, budgets adjusted accordingly. Activity Based Budgetting Correct Answer: -Not how much to divide $, but how much it costs to perform enterprise activities [Show More]

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