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

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 Road
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.