The Trait Approach Is ______

question 66

Multiple Choice

The trait approach is ______.

• A) no longer a viable leadership approach
• B) primarily a focus of outdated research
• C) still a focus of contemporary leadership research
• D) irrelevant in modern society

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Definitions:

Responsibility Centres

Units or departments within an organization, each with specific responsibilities and performance metrics to manage financial outcomes.

Imputed Interest Rate

The estimated rate of interest, often applied in situations where no actual interest rate is specified in a financial transaction.

Required Rate of Return

The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular security or project.

Invested Capital

Represents the total amount of money invested into a business by its owners and creditors, used for ongoing business operations.