Which of the Following Does Planning, One of the Four

question 27

Multiple Choice

Which of the following does planning, one of the four elements of leadership teams, involve?

• A) Tracking progress through internal measures of quality
• B) Celebrating and offering recognition to employees for achievements
• C) Creating key business process teams
• D) Understanding basic customer needs

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Definitions:

Unemployment

The condition wherein people who are able and willing to work and are actively looking for work cannot secure a job.

Contractionary Monetary Policy

A monetary policy strategy used by central banks to reduce inflation and cool an overheated economy by raising interest rates or increasing reserve requirements.

Inflation

The frequency at which the all-encompassing costs of goods and services heighten, eroding financial purchasing capability.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for work.