Examlex
A high current ratio indicates that current liabilities are greater than current assets.
Expert Power
Expert power is the capacity to influence other people because of specialised knowledge.
Referent Power
A form of influence based on the leader's personal traits, where followers identify with and want to emulate the leader.
Personal Power
The ability of an individual to influence others or events based on personal attributes or knowledge.
Visionary Leadership
Visionary leadership brings to the situation a clear sense of the future and an understanding of how to get there.
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