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A compensating balance: I. is required when a firm acquires bank financing other than a line of credit.
II) increases the cost of short-term bank financing.
III) represents an opportunity cost to the lending institution.
IV) is often used as a means of paying for banking services received.
Trait Theories
Theories focused on identifying and categorizing the various personality traits that influence individual behavior and traits.
Least Preferred Co-Worker
A concept in leadership theory that assesses a leader's orientation towards task or relationship, based on their description of the least preferred co-worker.
Leadership Style
is the manner and approach of providing direction, implementing plans, and motivating people.
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