Passion for the Work on the Part of a Leader

question 18

Multiple Choice

Passion for the work on the part of a leader often expresses itself as a(n) :

• A) obsession for achieving company goals.
• B) distrust of employees who are calm and relaxed.
• C) obsession for surfing the Internet during working hours.
• D) tendency to engage in ruthless cost cutting.

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Definitions:

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of the shareholders.

Net Income

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

Return on Equity

A financial ratio that measures the profitability of a business in relation to the equity held by the shareholders.

Net Income

Net income is the total profit of a company after all expenses, including taxes and operational costs, have been deducted from revenues.