Which of the Following Is a Correct Statement Regarding Leadership

question 29

Multiple Choice

Which of the following is a correct statement regarding leadership?

• A)The best leaders are promoted from within.
• B)Anyone who can influenceothers toward objectives can function as a leader.
• C)Leadership always resides in the person in charge of a group of people.
• D)Most effective leaders tend to be far above average intelligence.

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Definitions:

GIC

A finance option available in Canada, the Guaranteed Investment Certificate provides investors with a secured rate of return over an established time period.

Equivalent Value

The monetary value considered to be equal in worth to a specified amount under different conditions or in a different context.

Rate of Return

An investment's performance, marked by gains or losses during a defined period, articulated as a percentage of its beginning cost.

Compounded Semi-annually

This refers to the process of calculating interest on a principal amount at two intervals in a year, effectively increasing the amount of interest earned or paid.