When the Trait Theory Was Applied to an Organization,the Results

question 41

True/False

When the trait theory was applied to an organization,the results were found to be positive simply because all managers think they know what the qualities of a successful leader are.

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Definitions:

Diseconomies of Scale

Increases in the firm’s per-unit costs associated with increases in firm size due to inefficiencies and monitoring problems.

Anti-Employment Discrimination Legislation

Laws designed to prevent discrimination in hiring, promotion, job assignment, termination, and compensation based on certain specified characteristics.

Female/Male Earnings Ratio

A measure comparing the average earnings of female workers to those of male workers, often utilized to highlight gender pay gaps in the workforce.

Law of Diminishing Returns

An economic principle stating that if one factor of production is increased while others remain constant, the overall returns will eventually decrease after a certain point.