If the Following Facts Were Known,which One Would Strengthen Merrick's

question 158

Multiple Choice

If the following facts were known,which one would strengthen Merrick's argument that any person can be a leader,even an entry-level employee?

• A) Many other companies have adopted Merrick's definition of leadership.
• B) The cross-functional team structure at Merrick's company allows individuals to influence other people even if they don't have direct authority.
• C) Most of the top managers in the company have come from the Sales Department,but only a few have come from Quality Control.
• D) The Human Resources department does a good job of recruiting a diverse group of job applicants.
• E) Managers at the company are often recruited to serve in leadership positions at other companies.

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Definitions:

Opportunity Costs

The cost of foregoing the next best alternative when making a decision.

Financing Costs

Expenses a company pays to borrow funds or raise capital through equity, including interest payments, fees, and other charges.

Depreciation Costs

The allocation of the cost of an asset over its useful life, reflecting the decrease in value due to wear and use.

Cost Of Capital

The rate of return that a company must offer investors to finance its assets, often used in making investment decisions.