Which of the Following Statements Is Not True About the "Great

question 5

Multiple Choice

Which of the following statements is not true about the "Great Man" theory?

• A) It discourages anyone who does not have specific traits from aspiring to a leadership position.
• B) The traits necessary for effective leaders are inherent in the person.
• C) Behavior is an important component in determining what makes a good leader.
• D) It supports the notion that a good leader has charisma.

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Definitions:

Shareholders' Equity

Shareholders' equity represents the residual interest in the assets of a company after deducting liabilities, essentially what is owned by shareholders.

Intangible Assets

Non-physical assets possessed by a business, such as patents, trademarks, and goodwill, which can generate economic benefit.

Cash Flow

The total amount of money being transferred in and out of a business, especially as affecting liquidity.

Assets

Economic resources or owned valuables that an individual, company, or country possesses, which are expected to provide future benefits.