Which of the Following Statements Is Consistent with the Trait

question 85

Multiple Choice

Which of the following statements is consistent with the trait approach to leadership?

• A) Good leaders change their behaviors based on the situation.
• B) Emotional maturity and stability are important characteristics of leaders.
• C) Leaders should be reactive rather than proactive.
• D) People who have the skill to participate socially become ineffective leaders.
• E) Past achievements are not significant determinants of leadership.

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Definitions:

Implicit Costs

Implicit costs are the opportunity costs of using resources owned by the firm for its own use instead of other purposes.

Explicit Costs

Money paid out to different parties during the operation of a business, covering expenses like employee salaries, leasing costs, and material purchases.

Opportunity Costs

The value of the next best alternative forgone as a result of making a particular choice.

Production

The process of creating goods or services by combining various elements such as labor, technology, and raw materials.