What Is the Primary Drawback to Using the Trait Theory

question 21

Multiple Choice

What is the primary drawback to using the trait theory of management in developing management skills?

• A)It does not take into account how the person responds in specific situations.
• B)A person has to have all the traits in order to be an effective manager.
• C)Only persons with many years of experience can master the required traits.
• D)It is not reflective of the traits that are required for management.

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Definitions:

Nonfinancial Businesses

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Real Asset(s)

Physical or tangible assets that have intrinsic value due to their substance and properties, such as real estate, commodities, and natural resources.

Primary Market

The financial market for new securities issues, where corporations sell new stocks and bonds directly to investors.

New Issues

Securities that are offered to the public for the first time through an initial public offering (IPO) or a secondary offering.