Visionary Leadership Is About the Ability to Create and Articulate

question 119

True/False

Visionary leadership is about the ability to create and articulate a realistic, credible and attractive vision of the future that improves on the present situation.

---

Definitions:

Present Value

The present-day valuation of a future lump sum or cash flow sequence, taking into account a defined rate of return.

Discounting Periods

The intervals at which cash flows are discounted back to their present value in financial analysis.

Annual Annuity

A financial product providing a series of payments made at equal intervals over a set period, typically one year.

Bank Account

An account managed by a bank where the monetary transactions between the bank and its customers are documented.