Traits Such as Honesty and Integrity Are NOT Very Useful

question 91

True/False

Traits such as honesty and integrity are NOT very useful for identifying who is suited and who is not suited to be a leader.

Recognize the impact of globalization and technological pressures on businesses.

Identify various approaches businesses take to respond to external pressures.

Understand the concept of the digital divide and efforts to mitigate it.

Distinguish between societal, market, and technological pressures in a business context.

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Definitions:

Trading Securities

Financial instruments that are purchased by a company not for long-term investment but rather for the purpose of earning a return through short-term price fluctuations.

Fair Value

An estimate of the price at which an asset or liability would be traded in a fair transaction between willing parties.

Financial Statements

Descriptions giving insight into a business's financial situation, covering the balance sheet, income statement, and cash flow statement.

Trading Investments

Securities bought and held primarily for selling them in the near term to generate income on short-term price differences.