This document discusses contemporary issues in business, focusing on key issues like leadership, ethics, and globalization. It defines contemporary issues as events or topics relevant to the present day that can be found in many fields. Regarding leadership, the document discusses whether leaders are born or made and lists traits of effective leaders like hiring talented people, focusing on goals, and building trust. It also outlines 10 different leadership styles such as autocratic, democratic, transformational, and visionary leadership.