The Competency (Trait) Perspective of Leadership

question 89

Multiple Choice

The competency (trait) perspective of leadership:

• A)is one of the most recently studied perspectives of leadership.
• B)is no longer accepted as an approach to understanding leadership in organizations.
• C)takes a contingency approach by identifying the best leadership competencies under different conditions.
• D)holds the view that leaders' competency is dependent on the situation.
• E)presents the view that certain personal characteristics distinguish great leaders from the rest of us.

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Definitions:

Purchase Discount

A reduction in price granted by a supplier to a buyer for early payment of an invoice.

Freight-In

The cost associated with transporting goods into a warehouse or to the buyer, often included in the inventory cost.

Installation

The act of setting up or assembling machinery, equipment, software, or hardware to make it ready for operation.

Fully-Depreciated

A state where an asset has reached the end of its useful life for accounting purposes, with its book value equaling its salvage value or zero.