Describe leadership trait theory.

What will be an ideal response?


Answers to this question will vary; however, a correct response will be based on leadership trait theory assuming that a list of distinctive characteristics account for leadership effectiveness.

Business

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When comparing, a categorical scale requires that the researcher compare:

A) percentages B) averages C) standard deviations D) standard errors E) associations

Business

A debit to Sales Returns and Allowances and a credit to Accounts Receivable:

A. Is recorded when a customer takes a discount. B. Reflects a decrease in amount due to a supplier. C. Recognizes that a customer returned merchandise and/or received an allowance. D. Reflects an increase in amount due from a customer. E. Records the cost side of a sales return.

Business

A fund manager states, "I refuse to buy any company that makes a voluntary accounting change, since it's certainly a case of management trying to hide bad news.". Can you think of any alternative interpretation?

Business

Under the implied warranty of merchantability, fungible goods need only meet a middle range

level of quality. Indicate whether the statement is true or false

Business