The Concept of _____ Is Defined as "A Person's Ability

question 54

Multiple Choice

The concept of _____ is defined as "a person's ability to anticipate,envision,maintain flexibility,think tactically,and work with others to initiate changes that will create a viable future for the organization,and its competitive advantage to the organization in this way."

• A)situational leadership
• B)quality forum
• C)strategic leadership
• D)corporate social responsibility

---

Definitions:

Classical Economists

Economists of the 18th and 19th centuries who believed in free markets, minimal government intervention, and the self-regulating nature of economies.

Stable Economy

An economic condition characterized by predictability, low inflation, and minimal unemployment, indicating a healthy economic environment.

Say's Law

An economic theory proposing that supply creates its own demand, meaning production inherently creates the means to purchase other goods.

Keynesian Theory

Keynesian Theory is an economic theory stating that government intervention through fiscal and monetary policy is necessary to manage aggregate demand and address economic cycles.