All of the Following Are True About Trait Leadership Theories

question 46

Multiple Choice

All of the following are true about trait leadership theories EXCEPT

• A)Using trait theory, one can conclude that successful business, political, religious, and military leaders were born with unique characteristics that made them quite different from ordinary people.
• B)Leadership theorists identified an exact list of leadership traits.
• C)The great person theory of leadership assumes that leaders are born.
• D)All of the above are true.

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Definitions:

Variable Costs

Expenses that fluctuate in direct proportion to the amount of production or the volume of sales, including direct labor costs and raw materials.

High-Low Method

A technique in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Relevant

Pertaining to information or data that is directly related and significant to the decision-making process.

Contribution Margin

the difference between the sales revenue of a product and its variable costs; used to cover fixed costs and generate profit.