Final answer:
First-line managers are responsible for short-term operations and supervising nonmanagerial employees. Expressive leaders are likely to be found in roles where maintaining group cohesion is important, such as a director of a summer camp. Shareholders elect a board of directors to manage the company, and banks are called financial intermediaries as they connect savers and borrowers.
Step-by-step explanation:
Managers who focus on making short-term operating decisions and directing the daily tasks of nonmanagerial employees are known as first-line managers. These individuals are at the lowest level of management hierarchy and are responsible for the work of production and service employees. They do not oversee other managers but instead are immersed in the day-to-day operations of the company. As in a restaurant scenario, first-line managers might be individuals like the head chef who manages kitchen staff, or a floor manager who oversees servers.
In the context of organizational leadership, expressive leaders, who focus on maintaining group cohesion and morale, are more likely to be found in roles where interpersonal relationships are crucial for success. Therefore, among the choices provided, the director of a summer camp for chronically ill children is most likely to be an expressive leader.
Shareholders, the owners of a company, select company managers through a voting process in which they elect a board of directors. These directors, in turn, hire and oversee the management team to run the company effectively. Meanwhile, banks are termed financial intermediaries because they mediate between savers who deposit money in the bank and borrowers who take out loans, facilitating the flow of funds in the economy.