Discuss the Situation Factors That Influence Whether People Seek and Attain

question 55

Essay

Discuss the situation factors that influence whether people seek and attain leadership.Students should discuss the following: (1)"voids at the top" when an opportunity opens up due to departure or death of the leader or when a group become large;and (2)when people are "in the right place at the right time," i.e.,they happen to be well-situated for leadership.Also pertinent is personal connections (i.e.,"it's not what you know,but who you know").

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Definitions:

Price Paid

The actual amount of money exchanged for a good or service.

Supply and Demand

Fundamental economic model describing how prices and quantities of goods and services are determined in a market based on the relationship between the quantity supplied and the quantity demanded.

Price Floor

A government or regulatory minimum price set for a commodity, below which it cannot legally be sold.

Farm Incomes

The earnings from agricultural activities that farmers receive, including profits from selling crops and livestock.