A Factor That Differentiates Leaders from Managers Is That Leaders

question 11

Multiple Choice

A factor that differentiates leaders from managers is that leaders

• A) inspire achievement, whereas managers seek and follow direction.
• B) implement ideas, whereas managers initiate ideas.
• C) engage in tactical planning, whereas managers engage in strategic planning.
• D) are authoritative, whereas managers are democratic.

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Definitions:

Bank Service Charge

Fees charged by a bank for account services, such as account maintenance, transactions, and other banking services.

Outstanding Checks

Checks that have been issued and recorded in the account ledger but have not yet been cashed or cleared by the bank.

Checks Cleared

A term indicating that checks issued have been presented and successfully processed by a bank, deducting the amount from the payer's account.

Checks Written

Refers to checks that a company or individual has written and issued but which have not yet been cashed or cleared through the banking system.