Gail T Fairhurst and Mary Uhl-Bien Explain That Leadership Is Not

question 58

Multiple Choice

Gail T. Fairhurst and Mary Uhl-Bien explain that leadership is not a trait or behavior of an individual, but rather

• A) a phenomenon generated in the interactions among people acting in a given setting.
• B) the result of how well followers adhere to their assigned roles.
• C) an emergent property of the different strata within an organization.
• D) a learned skill that can be easily performed with a little practice.

---

Definitions:

Debt

An amount of money borrowed by one party from another, often used to make large purchases that cannot be funded by other means.

Present Value

The current price of a future monetary sum or a succession of cash flows, taking into account a certain rate of interest.

Cash Flows

The comprehensive flow of funds in and out of a corporation, significantly shaping its ability to pay off short-term debts.

Interest Rate

The outlay, displayed as a percentage of the principal, that a borrower pays to a lender for the privilege of using their assets.