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The Trait Approach Assumes the Existence of a Leadership Personality

question 31

True/False

The trait approach assumes the existence of a leadership personality and assumes that leaders are born,not made.

Understand the concept of resilience in the context of stress.
Identify the sources and effects of acculturative stress.
Recognize the significance of racism and discrimination as chronic stressors.
Learn about patterns of cultural adaptation and their impact on acculturative stress.

Definitions:

Entrepreneurial Ability

The skill or capacity to identify opportunities, create new businesses, and innovate new products or services in the marketplace.

Opportunity Cost

represents the value of the next best alternative forgone as a result of making a decision.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Economic Growth

is an increase in the production of goods and services in an economy over a period of time, often measured by GDP.

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