Globalization Is Creating Opportunities for a New Breed of Leaders

question 143

Multiple Choice

Globalization is creating opportunities for a new breed of leaders who can operate in an increasingly globalized world.According to the text,these leaders must have all of the following traits except

• A) proficiency in business.
• B) ability to work with and inspire individuals from a range of nations.
• C) fluency in multiple languages.
• D) cultural understanding and adaptability.
• E) ability to work with and inspire individuals from a range of cultures.

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Definitions:

Overhead Cost

Indirect expenses related to the operation of a business, such as rent, utilities, and administrative salaries, that are not directly tied to the production of goods or services.

Total Revenue

The complete amount of income generated by a business from its sales or services before any costs or expenses are subtracted.

Marginal Costs

The cost added by producing one additional unit of a product or service.

Disposable Income

The amount of money individuals or households have to spend or save after taxes have been deducted.