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Although Little Is Written About Followership as Compared to Leadership,there

question 13

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Although little is written about followership as compared to leadership,there is more available today than ever before.Kellerman developed a continuum of followership that uses one metric.The metric is:


Definitions:

Put Option

A financial contract giving the holder the right but not the obligation to sell a specified amount of an underlying asset at a set price within a specified time.

Exercise

The action of implementing or executing a right or option, such as the act of buying or selling an asset under the terms of an options contract.

Option Strike Price

The strike price is the set price at which an option contract can be bought or sold when it is exercised.

Option Contract

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific period.

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