Leaders Who Hold a Position of Authority and Utilize the Power

question 165

Multiple Choice

Leaders who hold a position of authority and utilize the power that comes from their position as well as personal power to influence others are called

• A)informal leaders.
• B)transformational leaders.
• C)formal leaders.
• D)charismatic leaders.

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Definitions:

Stockholders' Equity

Represents the amount of financing provided by the owners of the company and the retained earnings generated by the company's operations.

Paid-in Capital

The total amount of capital that a company has received from shareholders in exchange for shares of stock.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders.

Earnings Per Share

A financial ratio calculated by dividing a company's profit available to its common shareholders by the number of outstanding shares.