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What Is Implicit Leadership Theory and How Did It Contribute

question 68

Essay

What is implicit leadership theory and how did it contribute to the concept of global leadership behaviors? What are the limitations of this approach?


Definitions:

Marginal Benefits

The additional benefit received from consuming or producing one more unit of a good or service.

Production

The process of combining various material inputs and immaterial inputs (plans, knowledge) to make something for consumption (the output).

Marginal Cost

The production cost for one more unit of a product.

Production

The process of creating goods and services through the combination of labor, capital, and natural resources.

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