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Leadership Is Exercised by the Person in the Group Who

question 19

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Leadership is exercised by the person in the group who energizes the group, whether or not he or she carries the title of "leader."


Definitions:

Debt-Equity Ratio

An economic indicator showing the comparative mix of owner's equity and loans in funding a company's assets.

External Financing

Funds raised from outside the business, typically through borrowing or the issuance of equity.

Flotation Cost

The total costs associated with issuing new stocks or bonds, including underwriting, legal, and registration fees.

Debt-Equity Ratio

A calculation of a corporation's financial risk, determined by dividing its overall liabilities by the equity of its shareholders.

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