Globalization Has Presented Several New Challenges for Effective Leadership

question 12

Multiple Choice

Globalization has presented several new challenges for effective leadership. Which of the following has not been identified as one of these challenges?

• A) The need to speak at least two languages
• B) The need to be able to influence people from different cultures
• C) Good cultural understanding to successfully persuade and influence
• D) The need to understand how leaders' actions are viewed by others

---

Definitions:

Financing Activities

Transactions related to a company's raising and repaying of funds, including issuing debt, obtaining loans, and returning capital to shareholders.

Cash Dividend

A portion of a company's earnings that is paid to shareholders, typically in cash, as a return on their investment.

Operating Activities

Transactions related to the primary operations of a business, such as sales, purchases, and payroll, used in cash flow analysis.

Comparative Balance Sheet

Financial statement showing a company's assets, liabilities, and equity at two or more points in time, allowing for comparative analysis.