Which of the Following Will Help Leaders to Develop Open-Mindedness

question 24

Multiple Choice

Which of the following will help leaders to develop open-mindedness?

• A) They have to maintain strong preconceptions and suspend beliefs and opinions.
• B) They have to stick to mental models that worked in the past.
• C) They have to forget many of their conditioned ideas.
• D) They have to allow their subordinates to do the thinking for them.

---

Definitions:

Exchange Rate

The price of one country's currency expressed in the currency of another country, influencing international trade and investment flows.

Affordability

A measure of an individual's financial ability to meet the cost of living or purchase goods and services.

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Desired Investment

The level of investment that businesses plan to undertake, based on their expectations of future profitability.