Examlex
Which of the following statements regarding the autonomous leader is FALSE according to the Global Leadership and Organizational Behavior (GLOBE) studies?
Substitution Effect
The economic principle that as prices rise or income decreases, consumers will replace more expensive items with less costly alternatives.
Income Effect
Variations in the income of an individual or an economy and the subsequent effects on the demand for goods or services.
Discrimination
Unfair or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.
Profitable
A state or condition of yielding a financial profit or gain; it is often considered after all expenses have been deducted.
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