The Weakness of Trait Leadership Theory Is That It Doesn't

question 28

True/False

The weakness of Trait Leadership Theory is that it doesn't account for the fact that many ineffective leaders possess desirable traits such as intelligence, enthusiasm, and organizational talent.

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Definitions:

Corporate Finance

The area of finance dealing with the sources of funding and the capital structure of corporations, as well as the actions managers take to increase the value of the firm.

Long-term Investments

Assets that a company intends to hold for more than a year, such as stocks, bonds, real estate, and other financial instruments.

Working Capital

Working capital is the difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.

Articles of Incorporation

A legal document that establishes a corporation's existence, filed with a governmental body in the jurisdiction where the corporation is headquartered.