Which One of the Following Statements Is Consistent with the Trait

question 53

Multiple Choice

Which one of the following statements is consistent with the trait approach to leadership?

• A)Good leaders change their behaviors based on the situation.
• B)Emotional maturity and stability are important characteristics of leaders.
• C)Leaders should be reactive rather than proactive.
• D)People who have the skill to participate socially become ineffective leaders.
• E)Past achievements are not significant determinants of leadership.

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Definitions:

Covert Collusion

A secret agreement between firms to fix prices, limit production, or divide markets, which is illegal and against competition laws.

Electrical Machinery

Equipment and devices powered by electricity that are used in various applications, including manufacturing, power generation, and domestic appliances.

Price Fixing

Price fixing is an agreement among competitors to set prices of goods or services at a certain level, often illegally, to minimize competition.

Oligopolies

Market structures in which a few firms dominate the industry, often leading to limited competition and higher prices for consumers.