Which Leadership Perspective Takes the View That Leadership Is a Characteristic

question 152

Multiple Choice

Which leadership perspective takes the view that leadership is a characteristic of the person?

• A)Transactional perspective of leadership.
• B)Competency perspective of leadership.
• C)Behavioural perspective of leadership.
• D)Path-goal leadership.
• E)All of these take the view that leadership is a characteristic of the person.

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Definitions:

Profit-maximizing Level

The point at which a firm achieves the highest possible profit, balancing the cost of production against revenue from sales.

Perfectly Competitive

A perfectly competitive market is an economic concept where numerous small firms compete against each other with homogenous products, and no single firm can influence the market price.

MR = MC

A condition in economics where the marginal revenue (MR) of producing one more unit of a good matches the marginal cost (MC) of producing that unit, used in determining the optimum production quantity.

Profit-maximizing Level

The point of production at which a firm achieves its highest possible profit, determined by equating marginal cost and marginal revenue.