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A top manager at ACME, Inc. makes the following statement: "We endorse an inclusive definition of leadership. We believe that leadership is the ability to influence others to help the organization achieve its goals and that any person in our organization can be a leader, even entry-level personnel. Because of this view, we have built a culture in which every employee has an equal opportunity to lead."
Which of the following, if true, would strengthen the Manager's argument?
Many other corporations have adopted ACME's definition of leadership.
ACME's cross-functional team structure allows individuals to influence other people despite a lack of direct authority.
Most of the company's leaders have come from the sales department, and relatively few have come from the quality control department.
ACME's human resources department makes outstanding efforts to recruit a diverse group of employment candidates.
Executives at ACME are often recruited to serve in leadership positions at other organizations.
Consolidated Balance Sheet
A financial statement that summarizes the financial position of a parent company and its subsidiaries, presenting assets, liabilities, and equity as if the group were a single entity.
Total Consolidated Assets
The aggregated value of all assets owned by a company and its subsidiaries as reported on the consolidated balance sheet.
Fair Value Option
The Fair Value Option is an accounting option that allows companies to measure selected financial assets and liabilities at fair value, aiming to provide more relevant financial information.
Market Value
The current price at which an asset or service can be bought or sold in the marketplace.
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