Answer the following statement(s) true (T) or false (F)

1. Kouzes and Posner (2012) believe that leaders establish their credibility through the practice of encouraging the heart.
2. According to the transformational approach, moral leadership results in actions that are consistent with the needs, interests, and aspirations of the followers.
3. Creative leadership states that leaders who are able to develop a strong reservoir of group energy will be better able to energize those with whom they work.


1. True
2. True
3. False

Business

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Indicate whether the statement is true or false

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The ABC classification method classifies inventory based on ______.

a. unit value b. amount of safety stock needed c. product quality d. quantity demanded

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The term standard of living refers to:

a. the per capital income level of a society b. the quality of life desired by the average person c. the life expectancy of the average person d. the amount of goods and services and quality of life that an individual can achieve with his/her income e. the amount of goods and services produced in a year in a country

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What acts as an intermediary between buyers and sellers of goods and services?

A. Content providers. B. Online brokers. C. Market makers. D. None of the above.

Business