In His Book, an Inquiry into the Nature and Causes

question 7

Multiple Choice

In his book, An Inquiry into the Nature and Causes of the Wealth of Nations, economist Adam Smith argued that individuals

• A) always tend to act in an altruistic manner.
• B) always consider the impact of their actions on the welfare of others.
• C) are motivated by self-interest.
• D) are never concerned with economic issues.

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Definitions:

Clusters

A collection of objects or entities that are similar to each other and are grouped together based on specific criteria.

Participative

A leadership or decision-making style where individuals are involved in making decisions that affect their work or the organization's direction.

Global Leadership Behaviors

Encompasses the actions and strategies used by leaders to influence individuals and teams across different cultures and geographical locations, often emphasizing adaptability and cultural sensitivity.

Team-oriented

A focus or preference for working collaboratively in groups or teams to achieve common goals.