Leadership Involves Skills as Well as Personal Qualities and Behaviors

question 12

True/False

Leadership involves skills as well as personal qualities and behaviors.

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Definitions:

Prosperity Phase

A period in the business cycle characterized by economic growth, high employment, and rising incomes.

Three-Phase Cycle

A conceptual model describing the three stages of economic cycles: expansion, peak, and recession.

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization of oil-exporting countries that coordinates and unifies petroleum policies among Member Countries.

Quadrupled

To increase or be increased fourfold.