The Lengths of the Recession and Expansion Phases and Which

question 98

True/False

The lengths of the recession and expansion phases and which sectors of the economy are most affected will rarely be the same in any two business cycles.

---

Definitions:

Leadership by Storytelling

A method of inspiring, motivating, and leading others by using narrative techniques to convey values, lessons, and visions.

Charismatic

Refers to a compelling charm or appeal found in an individual, often leading to inspiration and devotion in others.

Transformational Leaders

Leaders who inspire and motivate followers to exceed their own self-interests for the good of the organization and who can bring about significant change.

Transformational Leader

A leader who inspires followers to exceed their own self-interests for the good of the organization, and to achieve extraordinary outcomes by transforming their beliefs and values.