You Believe That John Is a Born Leader and Will

question 89

Multiple Choice

You believe that John is a born leader and will vote for him in any election that he chooses to participate in.What theory of leadership do you ascribe to?

• A)Charismatic theory
• B)Trait theory
• C)Path goal theory
• D)Fiedler's Contingency theory

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Definitions:

Working Capital

The measure of a company's operational efficiency and short-term financial health, calculated as current assets minus current liabilities.

Financial Statements

Reports that provide information about a company's financial condition including income, expenses, and net worth.

Current Ratio

A financial ratio that measures a company's ability to pay short-term obligations using its short-term assets.

Current Assets

Assets expected to be converted into cash, sold, or consumed within one year or in the normal operating cycle of the business, whichever is longer.