The Competency Perspective of Leadership

question 50

Multiple Choice

The competency 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) is both one of the most recently studied perspectives of leadership AND is no longer accepted as an approach to understanding leadership in organizations.
• E) None of these statements accurately describes the competency perspective.

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Definitions:

Labor-Intensive

A term describing industries or businesses that require a large amount of human labor relative to capital equipment to produce goods or services.

Comparative Advantage

The ability of a country, firm, or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient trade outcomes.

PPCs (Production Possibility Curves)

Graphical representations that show the maximum possible output combinations of two goods that an economy can achieve when all resources are fully and efficiently utilized.

Specialization

The process of concentrating on and becoming expert in a particular subject or skill, often leading to increased efficiency and productivity.