Malcolm Thompson Was Brought in as the CEO of Novalux

question 20

Multiple Choice

Malcolm Thompson was brought in as the CEO of Novalux, a company involved in laser research, to save the company's promise of innovation. It's what he loves: turning ideas into companies, then shaping those businesses to meet evolving challenges. "You're never done," he says. "It always looks like you're near the finish line, but there are always new opportunities along the road-and new obstacles you'd never thought of. That's part of the exploration-constantly looking at the next problem and the next solution." Apparently, Thompson is an example of a(n) ____.

• A) leadership substitute
• B) trait leader
• C) leadership neutralizer
• D) visionary leader
• E) transactional leader

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Definitions:

Average Tax Rate

The percentage of total income that is paid in taxes, calculated by dividing the total tax paid by the taxpayer's total income.

Interest Income

Earnings received from deposit accounts or investments through the payment of interest.

Eligible Dividends

Dividends that are designated by a corporation to be eligible for a lower tax rate for the receiver, depending on jurisdiction.

Average Tax Rate

The percentage of total income that goes to taxes, calculated by dividing the total amount of tax paid by the total income.