Examlex
The internal rate of return is the discount rate that equates the present value of the project's free cash flows with the project's initial cash outlay.
Millennials
A generational cohort following Generation X, typically described as those born from the early 1980s to the late 1990s.
Transformational Leadership
A leadership style that inspires and motivates followers to achieve extraordinary outcomes by transforming their beliefs and values.
Psychological Gains
Benefits or improvements in mental health, well-being, or emotional state as a result of specific actions, experiences, or therapeutic interventions.
Laissez-Faire Leader
A leadership style characterized by minimal supervision, where followers are given a high degree of freedom in their decision-making processes.
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