An Example of Change in Competition Is ________

question 82

Multiple Choice

An example of change in competition is ________.

• A) U.S. manufactured Toyota vehicles
• B) collapse of Enron Corporation
• C) Iraq-U.S. war
• D) increased interest in urban living
• E) a decrease in interest rates

Understand the concept of the great person approach in leadership theory.

Recognize the focus of the trait approach on leaders rather than followers or situations.

List and describe the Big Five Personality Factors.

Identify the five major traits associated with leadership as described in the Northouse text.

---

Definitions:

In The Money

A term used in options trading to describe a situation where an option has intrinsic value, indicating a favorable position.

Employee Stock Option (ESO)

A benefit given to employees which grants them the right to purchase shares of the company at a specified price after a certain period.

Call Options

Financial contracts giving the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other assets at a specified price within a specific time period.

European Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell an asset at a specified price only on the option's expiration date.