Identifying and Evaluating Key Social, Political, Economic, Technological and Competitive

question 17

Multiple Choice

Identifying and evaluating key social, political, economic, technological and competitive trends and events comprise

• A) developing an effective mission statement.
• B) conducting an internal audit.
• C) performing an external audit.
• D) formulating strategy.
• E) implementing strategy.

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Definitions:

Followers Respect

The admiration and esteem that followers have for their leader, often based on the leader's qualities, actions, and integrity.

Reevaluate Perspectives

The process of reassessing and potentially altering one’s viewpoints or beliefs based on new information or changes in context.

Inspirational Motivation

The ability to inspire and motivate individuals or teams to achieve high levels of performance and commitment through a compelling vision of the future.

Transformational Leader

A type of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.