Which of the Following Is NOT a Characteristic of a Top

question 4

Multiple Choice

Which of the following is NOT a characteristic of a top manager providing executive leadership?

• A) The CEO presents a role for others to identify with and to follow.
• B) The CEO articulates a strategic vision for the corporation.
• C) The CEO communicates high performance standards.
• D) The CEO shows confidence in people's abilities to reach a high level of performance.
• E) The CEO personally formulates and implements all strategy.

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Definitions:

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit gained from an investment by the cost of the investment.

Operating Income

The profit earned from a firm's core business operations, excluding deductions of interest and taxes.

Investment Turnover

A measure of a company's efficiency in using its investments to generate sales, calculated as sales divided by the average value of investments.

Profit Margin

The percentage of revenue that remains as profit after all expenses have been subtracted from sales.