At InfraTrust Securities Inc

question 6

Multiple Choice

At InfraTrust Securities Inc., CEO William Klug refused to admit mistakes. Even though InfraTrust teetered on the brink of collapse, he refused to shift from his position. In the end, the company went bankrupt. This example shows that:

• A) courage means accepting responsibility.
• B) leaders initiate change.
• C) courage means drawing strength from others.
• D) leaders make a real difference.

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Definitions:

Unemployment Insurance

Unemployment insurance is a government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Structural Unemployment

Joblessness arising from the restructuring of industries, usually caused by advancements in technology, instead of variations in market supply or demand.

Hardships Of Unemployment

The significant difficulties and stresses that individuals may encounter as a result of being without employment.

American Worker

Refers to individuals employed in the United States, often highlighting aspects of labor markets, income, and employment conditions.