Leadership Must Always Be Assessed in the Context of

question 21

Multiple Choice

Leadership must always be assessed in the context of

• A)The leader,the followers and the manager
• B)The leader and the followers
• C)The leader and the manager
• D)The leader,the followers and the situation

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Definitions:

Irrational Behavior

Actions or decisions that contradict logic or reasoning, often deviating from expected or standard behavior.

Overconfidence

A cognitive bias where an individual overestimates their own ability, knowledge, or control over events.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on when choosing one option over another.

Loss Aversion

Oversensitivity to loss, leading to an unwillingness to recognize a loss and move on.