The Right Stuff Model of Global Leadership Development

question 97

Multiple Choice

The Right Stuff model of global leadership development:

• A) focuses on the needs of the firm and develops managers who bring some of the right stuff with them.
• B) suggests that global leaders are born, not made.
• C) looks to universities to train in global leadership.
• D) relies on in-house candidates for global leadership positions.
• E) assumes that the firm can provide what the global leadership candidate requires.

---

Definitions:

Fiscal Year-End

Fiscal Year-End is the conclusion of a 12-month accounting period for a business or organization, used for financial reporting and tax purposes.

Automatic Extension

A granted period beyond the original due date for filing tax returns without needing to explain the reason for the delay.

FMV

Fair Market Value, the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Basis

The amount of investment in something for tax purposes, used to calculate gain or loss when the property is sold.