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Suppose you finance a project partly with debt, you should neither subtract the debt proceeds from the required investment, nor would you recognize the interest and principal payments on the debt as cash outflows.
Transformational Leadership
A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests for the good of the group or organization.
Turbulence
The state of being characterized by confusion, disorder, or instability, often leading to unpredictability in organizational or environmental conditions.
Humane Orientation
A cultural orientation that places a high value on individuals and their well-being, emphasizing compassion and support.
GLOBE Model
A research paradigm that examines the relationship between culture and societal, organizational, and leadership effectiveness across the world.
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