The Great Person Approach Stresses That Leaders' Traits Are Learned

question 21

True/False

The great person approach stresses that leaders' traits are learned.

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Definitions:

Residual Value

The estimated value that an asset will have at the end of its useful life.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Consolidated Net Income

The total net income of a parent company and its subsidiaries, after the elimination of inter-company transactions and balances.

Non-Controlling Interest

A minority stake in a company or subsidiary where the shareholder does not have control over company's policies or decisions.