To Be a Successful Leader, You Need Three Managerial Leadership

question 50

Multiple Choice

To be a successful leader, you need three managerial leadership skills, one of which is ____ skill, which involves the ability to use methods and techniques to perform a task.

• A) interpersonal
• B) Team-related
• C) Decision-making
• D) technical

---

Definitions:

Resources

Inputs used in the production of goods and services, including labor, capital, land, and technology.

Goods and Services

The tangible and intangible outputs of an economy that satisfy consumer needs and wants.

Product Market

The marketplace where final goods or services are offered to consumers, businesses, and the public.

Factor Market

A marketplace for the services of a factor of production (e.g., labor, capital), where firms buy resources they need to produce goods and services.