Competition in the Hearing Aid Market

Competition in the Hearing Aid Market Managerial Economics The number of Americans who have hearing difficulties is too many and is still expected to rise as time goes on. This is a challenge that most people undergoing the same ordeal are expected to face under all the circumstances that aid may be available if not totally to cure hearing loss. Hearing aid is a device that can lessen the burden of auditory impairment but it can only do so much. There are still implications that the use of such can be rather viewed as a supplement only and not a corrective tool. This view alone stands actually as a deficient selling point, as people who already have the difficulty will not always depend on these aids and most probably diverge themselves from buying the product. Hence, this situation definitely hurts the sale capacity of the hearing aid industry. Lowering the Price Naturally, as the demand may not be as considerably successful, the prices of hearing aids remain static as against its normally opined high pricing. The idea of lowering the price is a positive idea but not totally a remarkable one. To take for consideration, marketing plays a pivotal role. Product innovation is still under watch as the product continues to address misconceptions about its use and its price. It can be assumed that people who need such may have to be considered based on their actual individual needs. Lowering the price is not only and always the best solution at whatever product is being marketed. Apart from the actual study conducted, it must be analyzed there upon that actual users must be first educated of the many facets of its use and the impact that it may have if chosen as a summative solution to their auditory problems. It has already been mentioned that the implication of social stigma is above the issue of purchase and poor market reception. In as much as g oing through the usual and most careful market analysis, the firms should maintain a higher standard of psycho-social research to come up with a market campaign that is devoted to curing the disease of social stigma for those who use the product if not to give false hopes of entirely curing the malady of their situation. There are market theories available to stand up as resolution before the poor market reception of hearing aids among its target users. However, there should be a critical analysis between price indices and the actual consideration of buyer’s behavior apart from all the equations and variables given as a cardinal rule. The sensitivity to the issues whether they are psychological, social, or economical – must be placed under a more profound handling of the situation. Firms must take a firm hand on the derivation of serious market analysis before any insinuations that price variability is a stand alone solution to the predicament they are experiencing at the time being. Conclusion A regular consumer still considers product innovations such as unique features and warranted efficiency and necessity. Therefore, elasticity in the demand is considerable in effect that demand answers upon these mentioned industry quantifiable. It can be summarized that since economic recession is still in the midst of all considerations, lowering prices is definitely attractive but in foremost opinion product assurance of quality and effectiveness remains to be the most potent market solution in any given situation. 2. Evaluate different possible strategies that companies could implement to gain a sound position among their competitors in this hearing aids market. Use relevant theoretical concepts discussed in chapters The industry of hearing aids is said to be inelastic for most identifiable factor that it does not have too many options and features. But in the advent of market competition, market shares continue to reward the much needed product options – meaning, there are indeed sensible market campaigns that need to be launched to rise above the competition. To understand this point of view, it is already introduced and implied earlier that price variability is a matter of fact the most convenient solution to be competitive in any given market. On the other hand, the real competition begins when a firm understands thoroughly the purchasing behavior of target consumers. It is to be understood that price indices are not only the deciding factors to be considered if firms desire to be at front of the market line. There are still aspects, which include market segmentation and full market analysis, which can only be attained through accurate SWOT analysis. Market Strategies Strategies can be indicated based on the given practices that identify with the rapport involving standard value and capacity which in turn have the maximum probability to improve its market reception and therefore increase its takings. It is also recommended that firm’s standard industry applications can evaluate the magnitude and outlay needed to capitalize on their income prospective, as specified by the price inelasticity of requirement in the market.  While studying the basic product mix in the market of hearing aids, it is also most helpful to introduce new features and innovations in order to entice users and buyers to purchase with loyalty and assurance. This idea will definitely maximize the growth potential and leadership in the market. Gaining a sound and comfortable position is no easy task as it takes a lot of hard work and patience. In realizing this endeavor, it should be analyzed thereon the sensitivity of the target consumers of the implications and sustaina bility of the product upon consumption. Therefore, a creative and definitive market research is important to establish a rapport among consumers and the improvement of the product itself. As stated above, lowering the prices is just one of the solutions but it cannot withstand the whole competition given all the variables of market and the social behavior of the target consumers. Recommendation Like any market competition, SWOT analysis is much reassuring. To depend on more focused research is actually being guided by the tried and tested steps and factors that will handle all the given situations if the market remains stiff and uncontrollable. Perhaps, one example that can be listed is the principle of managerial economics, which employs a wide variety of economic concepts, tools, and techniques in the decision-making process. These concepts are incorporated to be congruent in the following: the theory of the firm, which describes how businesses make a variety of decisions; the theory of consumer behavior, which describes decision making by consumers; and the theory of market structure and pricing, which describes the structure and characteristics of different market forms under which business firms operate. It can be learned that profit maximization also naturally follows when competition gets in to the right mode of market potentiality. 3. What  economic conditions  are relevant in managerial decision-making and how they are related with the typical types of risk faced by a firm? Briefs Economic conditions Basically, managerial economic is about decision-making. It is what managers decide on the matters that make the atmosphere critical for the success of firms. In this light, it is important to stress that economic conditions truly affect the disadvantage that most firms may encounter as they carry on with the principles of economics and business. Definitely in this bracket are issues regarding market structure, conditions of supply and demand, technology, government regulations, international dimensions, future conditions, and macroeconomic factors. On the other hand, profit maximization is adherent to the idea that it can be liable to different concerns about restrictions encountered by the firm such as supply insufficiency, machinery, contractual clauses and liabilities, and laws and government policies. In their attempt to maximize the present value of profits, business managers must consider not only the short-term and long-term implications of decisions made within the firm, but also the many facets of external limits that their firms may experience on their way to achieve its organizational goals. Scarcity issues concern essential inputs (including skilled labor), key raw materials, energy, specialized machinery and equipment, warehouse space, and other resources. Managers naturally experience situations that may limit their ability to sustain balance in the plant capacity, which is worsened by the lack of enough resources that can make a difference in innovation, expansion and market intensification. Contractual obligations also restrict managerial decisions. Labor contracts, for example, may constrain managers flexibility in worker scheduling and work assignment. Finally, laws and regulations have to be observed. The legal restrictions can constrain decisions regarding both production and marketing activities. Examples of laws and regulations that limit managerial flexibility are: the minimum wage, health and safety standards, fuel efficiency requirements, antipollution regulations, and fair pricing and marketing practices. When it was first argued that perfect competition is the idealized version of the market structure that provides a foundation for understanding how markets toil in a capitalist-based economy, it is also understood primarily that conditions are desired to be reached and accomplished. This is in order to consider that market structure is aggressive: product mix and versatility in the market, well-developed and realized consumers and trader’s condition, and a veritable flow of economic mode of production and its all aspects therein. For example, it is required that the product uniqueness must not at full deny their identical nature with other lines as consumers will become oblivious of brand concerns if everything else seems to be the same from one product to another – this is also true with the same price competitions. When a good number of trade participants prevail, this follows through a significant effect on the revenue as the idea that the population of buyers or sel lers cannot make such a significant effect and therefore will not hurt the price control in any given condition. Finally, resources and materials have already become a staple in most competitive business as agricultural products do. This in conclusion, closes the arguments about having a perfect economic condition regardless of any situation. 6. Analyze the effects of the  law of diminishing returns  to a modern-day business. Why this law is considered a short-run phenomenon? Use appropriate examples Briefs The law of diminishing returns is definitely a short-term success, if not totally a phenomenon. It is a matter of theories between labor and capital and how things go at hand with the aspects of demand and supply. It is real and understandable that when a variable resource (labor) is added a fixed resource (capital) will dramatically augment manufacture quantity for a short time. Understandably, at a given time expected the rate of increase will fluctuate and is expected to turn more abysmal.  This is to explain that diminishing returns impinge on both the manufacture of labor and cost of production. As an example, duplication of labor and overproduction only descend to more unfavorable result as mode of production goes in the direction of surplus value. When Malthus postulated that land becomes a variable input when population becomes erratic and unstable, hence, the Law of Diminishing Returns explains further that when a fixed input like land and machineries, is joint in assembly with a changeable input, using a given technology, is expected to amplify the magnitude of the variable input, and therefore will eventually lower the efficiency of the variable contribution. One good example that can be given is the problem of overproduction in the industry of cars and other automobiles. The capitalist ideals about putting more production output each time to arrest the higher market demands come to a lull when the economic condition deepens and starts to affect the consumer behavior. In this event, it could be noted upon that the conversion of inputs into outputs is only realized based on the technology available in use. As a result, inadequate amount of inputs will produce only narrow number of productivity. Another example that can be stated herein is the labor-to-produce inputs as against the number of days and materials exhausted. Supposed that there are numbers of labor force working in a firm and produce a result given, additional input will just approximate a divisive response as against the total produce. Diminishing returns is exact in thought that it plays an important component in the proficient distribution of capitals. This is by significant turn the real concern of firms and that it ultimately desires to bestow more resources to the use in which they are more prolific. Although, as production outlays more resources to an exacting use, it can be observed that diminishing returns presents itself in which it becomes less productive. This is actually a disappointing outcome but in reality it reveals important aspects of arresting difficulties of resourceful provision of capitals. In the time of economic slowdown, it is important to establish the practical facts that diminishing returns are not what the macroeconomic future of any country needs as of the moment. This in fact argues strongly that excesses in times of recession and unscrupulous economic postulations are definitely unhealthy. However, given enough market analysis and putting more confidence to product and technological innovation, all doubts about this particular economic principle will in turn come out advantageous for the full recovery of the economic force. As strongly as it is exact with its intention, allocation of resources must be critically scrutinized in regular runs so as not to receive more losses than the expected outcomes. It is very much possible that the firms as a guiding thought and principle must not bank too much on economic principles that have no material and realistic basis.

Russian Literature

Russian literature: History Overview Russian literature has long been a cultural focus of the entire world. It's not surprising that the formation of Russia's first literary traditions goes back to the first century. The adoption of Christianity boosted the development of literacy, philosophy and theological literature. The earliest literary works were not written in the Russian language but in Old Church Slavonic which was developed in the 9th century by Greek missionaries Cyril and Methodius. Old Church Slavonic became the liturgical language of the Orthodox Church, prompting literary activity in Russia.In 988 Vladimir I, Grand Duke of Kyiv, converted to Christianity and made it Russia's official religion. Eventually, religious ties between Russia, the Byzantine Empire, Ancient Rome and Greece strengthened and began to share common traits. As literacy rapidly developed, so did Russian literature. Historical chronicles, sacred scriptures, biblical texts, sermons, biographies of sain ts and other religious writings and poems were translated from Greek into Old Church Slavonic which remained the literary language of Russia until the 17th century.At that time, books served mainly as a means to foster religious awareness. In the long run, Christianity marked the character of the Russian literature. Church literature laid the foundation for the ideas of Russian unity and Russian national identity. First works of Russian literature Byzantine Greek writings influenced the first texts created during the Kyiv period. The most significant sermon, â€Å"Slovo O Zakone I Blagodati† (1050; â€Å"Sermon on Law and Grace†), is a detailed oration written by the head of the Orthodox Church in Russia at that time, Metropolitan Illarion.It is believed to be the first original work of Russian literature. The chronicle â€Å"Povest' Vremennykh Let† (1113; â€Å"The Tale of Bygone Years,† also known as â€Å"The Russian Primary Chronicle†), attribu ted to the monk Nestor, explores the history of the East Slavic peoples, namely Russians, Belarussians, and Ukrainians up to the year 1110. However, the most prominent work of the period is probably â€Å"Slovo O Polku Igoreve† (1185; â€Å"The Tale of Igor's Campaign†). It focuses on a Prince Igor? s failed raid against an army of Asian nomads and is written in lyrical poetic language.The creation of religious scripts went hand in hand with the creation of folk poetry; songs, epics and fairy tales described authentic Russian life and culture. In the late 11th and early 12th century, â€Å"Teaching† by Prince Vladimir Monomakh and â€Å"Wanderings of Daniel† featured a fusion of religious scripts with folk literature. In 1240 the Tatars invaded Kyiv, bringing an early end to this period in culture. For the next 200 years the Tatars occupied most of Russia. While Europe was enjoying the Renaissance, Russian literature was at a standstill.A series of upheav als and riots throughout the 16th and 17th centuries brought political and secular influences to literature. â€Å"Messages of Ivan the Terrible† and the autobiography of Arch Priest Avvakum were the first literary works written in spoken Russian. These works mixed the church and bookish languages with folk speech. One of the most important and notable literary works of the 16th century was â€Å"Domostroi† (â€Å"House-Orderer†). It set the rules for moral behaviour and gave instructions for running a household. In the 16th century folkloric poetry was on the rise as was the popular genre of the secular story of manners.In the 17th century Russian culture was greatly influenced by Western European values. Tsar Peter the Great? s fascination with European culture was looming large and brought the first printed books to Russia, almost all of which were religious in content. A number of Russian poets started composing verses imitating Western authors. In fiction, the influence of Western adventure tales such as â€Å"Don Quixote† by Miguel de Cervantes, is obvious in â€Å"The Tale of Savva Grudtsyn† (â€Å"Povest' o Savve Grudtsyne†) and â€Å"The Tale of Frol Skobeev† (â€Å"Povest' o Frole Skobeeve†).In 1678, the first plays written by a Russian author, Symeon Polotsky, appeared. Step by step, modern Russian literature started to emerge as more and more writers began to develop their own unconventional styles. By the 18th century written Russian finally came into wide use, replacing Old Church Slavonic. Peter the Great and Catherine the Great were keen to promote literature in Russia. Perhaps the most important figure of Russian intellectual life in the 18th century was Mikhail Lomonosov who rose from peasant origins to become a prominent scientist and writer. One of the greatest poets of the time was Gavrila Derzhavin.Russian author Denis Fonvizin dominated the drama. His plays â€Å"Brigadir† (w ritten 1768-1769; published 1790; â€Å"The Brigadier†) and â€Å"Nedorosl? (1782; â€Å"The Minor†) mocked the manners and morals of the upper classes. One of the most interesting non-fiction works of the period was â€Å"Puteshestvie iz Peterburga v Moskvu† (1790; â€Å"Journey from St. Petersburg to Moscow†) by Aleksandr Radishchev. It earned its author a ten-year exile to Siberia. Nikolay Karamzin established a Russian prose style in his travel writings with his famous â€Å"Istoriia gosudarstva rossiiskogo† (1818-1824; â€Å"History of the Russian State†).Golden Age of Poetry The 19th century was probably the most fruitful period in the history of Russian literature. Alexander Pushkin Alexander Pushkin 6 June 1799 – 10 February 1837 Mikhail Lermontov Mikhail Lermontov 15 October 1814 – 27 July 1841 Nikolai Gogol Nikolai Gogol 31 March 1809 – 4 March 1852 Ivan Turgenev Ivan Turgenev 9 November 1818 – 3 Septem ber 1883 Lyev Tolstoy Lyev Tolstoy 9 September 1828 – 20 November 1910 Anton Chekhov Anton Chekhov 29 January 1860 – 15 July 1904 The first few decades of the 19th century came to be known as the Golden Age of Poetry.Without a doubt, Aleksandr Pushkin's renowned novel in verse â€Å"Evgeny Onegin† (1823-1831) cemented his name in history. Before the 19th century, drama received very little attention from Russian writers. It continued until two pillars of Russian drama Aleksandr Griboedov (â€Å"Gore ot Uma† 1833; â€Å"The Woes of Wit†) and Aleksandr Ostrovsky (â€Å"Groza,† 1860; â€Å"The Thunderstorm†) stepped into the spotlight. But by the end of the century, several timeless plays were written by Anton Chekhov, for example â€Å"Chaika† (1896; The Seagull).The author of the most famous short story in Russian, â€Å"Shinel† (1842; â€Å"The Overcoat†), Nikolay Gogol, is considered to be the original master of Russian prose of the 19th century. His comic, grotesquely humorous collection of short stories â€Å"Vechera na khutore bliz Dikanki† (1831-1832; â€Å"Evenings on a Farm near Dikanka†) are peppered with the local colour and ambience of Ukraine. Fyodr Dostoyevsky's novels examined political and social issues as well as philosophical and moral problems of Russian society. His â€Å"Crime and Punishment† (1866) is considered to be one of the best novels of all time.Leo Tolstoy, like his contemporary Dostoyevsky, was not just a brilliant novelist but a political thinker and philosopher as well. His novel â€Å"Voina i Mir† (1865-1869; â€Å"War and Peace†) is a family and a historical novel in one and is said to be one of the greatest literary works in the history of world literature. Short fiction and poetry gradually replaced the novel and by the end of the 19th century were the dominant genres of Russian literature. Silver Age Alexander Blok Alexan der Blok 28 November 1880 – 7 August 1921 One of the most gifted lyrical poets produced by Russia after Alexander Pushkin.Impressionism and symbolism replaced social realism. A new breed of Russian poets was inspired by Western European cultures, while Russian culture was gaining in popularity in Europe. Russian poet and novelist Valery Bryusov introduced symbolism to Russian audiences. One of the most sophisticated poets of the time was Aleksandr Blok. His greatest work, â€Å"Dvenadtsat† (1918; â€Å"The Twelve,† 1920), described the mood of Petrograd (now Saint Petersburg) in the winter of 1918 in the wake of the 1917 Bolshevik Revolution.Some of the greatest poets of the 20th century who opposed the Bolshevik Revolution and Soviet rule were Anna Akhmatova (Requiem, 1964), Marian Tsvetaeva and Osip Mandelstam. The last of these was arrested in the 1930s and died in a labour camp. Socialist realism Among those who supported the 1917 Revolution was a prominent Soviet novelist and playwright, Maksim Gorky (â€Å"Mother,† 1907). He was also a founder of socialist realism. After the Revolution, many writers left Russia for Europe and the West.Perhaps one of the most gifted among them was novelist Vladimir Nabokov who emigrated to the United States in 1940 and began writing in English. Under Joseph Stalin, the Soviet regime's enforcement of literary guidelines made many established writers withdraw from literature. Little literature was created at that time. Works by Andrey Platonov and Mikhail Bulgakov disappeared in the 1920s. Although Bulgakov had published several plays and stories, his masterpiece â€Å"Master and Margarita,† completed shortly before his death in 1940, remained unknown until it was published in 1966.After the end of WW2, the guidelines of socialist realism were enforced even more strictly than before, and the period from 1946 until the death of Stalin in 1953 was probably the bleakest in Russian literature of the 20th century. Russian literature in exile However, the decades after Stalin's death saw several thaws. Restrictions over literature were eased. In an effort to cast off Stalin's legacy, Nikita Khrushchev expanded the limits of what could be said in public and written in the press. In the 1960s a number of works that had previously been banned were republished and many writers felt relief.Boris Pasternak finally published his legendary novel â€Å"Doctor Zhivago,† although outside the Soviet Union. At first it was accepted by a Soviet magazine, but then rejected. Eventually it was published in the West in 1957. Pasternak was awarded the Nobel Prize for literature in 1958, but was forced by the Soviet authorities to decline the award. Khrushchev's campaign against Stalin also allowed the publication of another masterpiece, â€Å"Odin den' Ivana Denisovicha† (â€Å"A Day in the Life of Ivan Denisovich,† 1963) by Aleksandr Solzhenitsyn.It appeared in the lead ing Soviet literary magazine, causing a sensation. It focused on the realities of life in prison camps to which tens of thousands of people suspected of anti-Soviet views, including Solzhenitsyn himself, were sent. But still, novels by Solzhenitsyn, such as â€Å"Rakovyi Korpus† (â€Å"Cancer Ward,† 1968) and â€Å"V Kruge Pervom† (â€Å"The First Circle,† 1968) could not be published in the Soviet Union. Their publication abroad eventually led to an official campaign against the writer that resulted in his expulsion from the Soviet Union.He was awarded the Nobel Prize for literature in 1970. Among other prominent anti-Soviet authors was the poet Joseph Brodsky, who left the Soviet Union in 1972. In 1987 Brodsky too was awarded the Nobel Prize. Like Solzhenitsyn, he moved to the United States. New faces The early 1990s saw the collapse of the Soviet Union and with it the end of 70 years of state control over literature. Official censorship was over and th e government proclaimed freedom of the press. This long-awaited independence had profound effects on Russian literature. Works by writers

What You Dont Know About 100 Topics for Essay Writing

What You Don't Know About 100 Topics for Essay Writing The Principles of 100 Topics for Essay Writing That You Can Learn From Beginning Today Now that you're finished with your essay writing, it's time to recheck your content. In case the essay targets kids, use simple language so they will be able to grasp your opinions. Your essay is going to be analyzed for readability. Writing an essay may be a simple procedure but writing a quality one is a true bear. Things You Won't Like About 100 Topics for Essay Writing and Things You Will Once the ideas are no longer pinging about your brain, after your mind is empty, you want to stand up and go do something different. Some offer writing help even though others revolve around editing. There are just a few things that define whether an essay you're working on is going to be a good one. Application essays about challenges reveal how you respond to difficulty to folks who are rather interested in how you'll deal with the subsequent f our years by yourself. The Basics of 100 Topics for Essay Writing Writing Kit is yet another blended learning app you may use to compose your essays and blogs. The Internet has resulted in a more laid back attitude once it comes to grammar in content marketing, largely because of the informality of texting, email, and societal media. In addition, it permits you to export your work into a variety of applications including Omni Focus (an app which can help boost productivity) and Things. The 5-Minute Rule for 100 Topics for Essay Writing It is necessary to pick the topic for your application essay that fits you best. The essay is just one of the significant approaches it is possible to distinguish yourself. Stephen's essay is quite effective. Now that you're aware that we are the ideal online essay writing service to work with, don't hesitate to stop by our site and order an essay. There's a particular procedure of how essays ought to be written. If you have the assistance of the ideal essay writing service, you can refrain from worrying about your application essay. Before you begin thinking about specific essay prompts, we think that it's important that you think of what makes you unique. The custom essays are created by professional and they're well structured. With Todoist, you may make a personalized schedule for each and every day. For the reason, it can help to create decent writing skills while still in high school. If you're a teacher who is searching for basic methods and a few deeper things to consider in regards to inspiring your students to write, you have arrived at the perfect spot! The very first and the main thing for students to do is to make sure they take their topic and subject most seriously and make efforts to comprehend what they are about. The Good, the Bad and 100 Topics for Essay Writing By comparison, there are assorted app s on the iPad that you can utilize to compose your essays or blog posts. Don't neglect to confirm the access to resources the topics that you consider. Many trustworthy writing services are eager to provide essay help. If you're applying to a college that doesn't accept the Common App, you will have to answer their particular essay questions. Sometimes you need to compose an essay for an area of the college admissions process. Among the keys to winning a huge scholarship in your college is to compose a superb application essay. Likewise an appropriate topic for the application essay highlights the best qualities of a student and provides the admission officers an opportunity to be aware of the applicant. When you want an example written by means of a student check out our vast selection of absolutely free student models. The Lost Secret of 100 Topics for Essay Writing Finally, the author must express her or his opinion about the topic he or she'll discuss. To conclude, w riting a post is a daunting and tiresome job. Try out another topic and do the very same 5-minute writing test till you locate a topic you know you can readily write on. By abiding By the mentioned steps, the student or writer can be certain of inventing a nice and suitable essay topic. The 100 Topics for Essay Writing Stories All you have to do is consult with an expert customized essay writing service like ours that is guaranteed to submit all of your assigned work in time. There isn't anything wrong in making use of a custom writing service provided that you understand how to choose the most legitimate, trustworthy, and respectable service provider. Moreover, it's a relatively simple and good means to deliver information. Get It NowOct 13, 2016 When you're a portion of the educational system, it's no doubt that you're going to be assigned some paper writing tasks.

Leadership Is Special Characteristics Of Leadership

Leadership has special characteristics. Leadership has the ability to decide and do right things and help others to do the right things. Also, leadership has a future outlook in solving problems and has the ability to motivate its team to achieve the vision. In addition, leadership has the ability to planning and managing its team to implement the plan successfully. Management and leadership similar in terms of both: 1. Seeking to develop the organization. 2. Planning the programs 3. Having followers 4. Evaluating programs Management and leadership differ in terms of: 1. The manager administers, while the leader innovates. 2. The manager is a copy, while the leader is an original. 3. The manager relies on control, while the leader inspires trust. 4. The manager accepts reality, while the leader investigates it. Organizations need both managers and leaders to meet their goals and objectives for five reasons: 1. Managers responsible about supplying leaders about what workers have done that important for organizing and facilitating the work. 2. Leaders have the authority, and managers responsible about influence the team for work accomplishment. 3. Leaders develop strategies and managers transfer these strategies to teamwork in order to implementing. 4. Managers focus on short-range view in planning and leaders focus on long-range view in planning that it will help to both maintain and develop the organization. 5. Managers responsible about solving problems orShow MoreRelatedDifferent Views Of Innate Ability Of Leadership1255 Words   |  6 PagesWhat is leadership? Leadership has nothing to do with seniority, titles, personal attributes and leadership isn’t management. 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Also relevant literatures whichRead MoreTrait Approach to Studing Leadership728 Words   |  3 PagesTrait Approach to Studyi ng Leadership Sheila Pounder LDR/531 May 30, 2012 John Healy Trait Approach to Studying Leadership The trait approach to studying leadership uses the assumption that some people are natural leaders with certain attributes that pertains to their personality, motives, values, and skills (Yuki, p. 13, 2010). The studies sort to identify what are the specific traits of leadership. Examples of some of the leadership traits the study found are high intelligence and action-oriented