Examlex
According to Kerr and Jermier's substitutes and neutralizers for leadership,which among the following can be considered as an organization characteristic that can substitute for instrumental leadership?
Short-Term Capital Gain
Profit from the sale of an asset held for less than a year, subject to tax at ordinary income tax rates.
Net Working Capital
Represents a measure of a firm's liquidity by calculating the excess of current assets over current liabilities, portraying the company's operational efficiency.
Current Assets
Assets owned by a company that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle.
Current Liabilities
Short-term financial obligations that are due within one year, typically including accounts payable, short-term loans, and other debts.
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