Of the Following Traits,which Seems to Be the Most Important

question 62

Multiple Choice

Of the following traits,which seems to be the most important for successful leadership?

• A) flexibility
• B) controlling
• C) manipulative
• D) introverted

---

Definitions:

Management Buyout

The acquisition of a company's controlling share by its management team, often with the assistance of external financiers.

Going-Private Transaction

A process in which a publicly traded company is transformed into a privately held entity by buying out the public shareholders.

Borrowed Funds

Money that has been obtained through loans or issuance of debt, which must be repaid along with interest.

Going-Private Transaction

A going-private transaction involves the buyout of all of a publicly traded company's shares, resulting in the company becoming privately owned.