Identify a Myth Associated with Leadership Development

question 44

Multiple Choice

Identify a myth associated with leadership development.

• A)Good leadership is knowing when common sense applies and when it does not.
• B)Good leaders are born with the traits and abilities, which make them successful leaders.
• C)You can only learn leadership by observing it.
• D)Learning to be a better leader depends on the richness of one's experience and the ability and desire to learn.

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Definitions:

Variance

A statistical measure that indicates the spread of data points in a dataset around the mean, reflecting the data's volatility.

Risk Averse

The tendency to prefer certainty over risk, where an individual opts for the investment with the least potential for financial loss.

NPV

A financial metric that calculates the total value of a project or investment by discounting future cash flows back to their present value and subtracting initial investment cost.

Scenario Analysis

A business planning technique in which the implications of variations in planning assumptions are explored. Also known as “what-if-ing.”