Ordinal-Level Variables Are Usually Considered to Be Continuous Variables

question 15

True/False

Ordinal-level variables are usually considered to be continuous variables.

Recognize the role of task behaviors in leadership effectiveness and team performance.

Understand the importance of relationship behaviors in fostering a positive work environment and team cohesion.

Appreciate the utility of behavioral approach in training and leadership development.

Evaluate leadership styles using the Behavioral Approach and the Leadership Grid.

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Definitions:

Unrealized Holding Loss

A decrease in the value of an investment that has not yet been sold for cash.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Unrealized Loss

A reduction in value experienced by retaining an asset whose price has fallen, but has not been liquidated yet.

Net Income

The total earnings of a company after subtracting all expenses and taxes from total revenue.