According to John Kotter, Effective Visions Are Focused Enough to Guide

question 27

True/False

According to John Kotter, effective visions are focused enough to guide decisionmaking yet are flexible enough to accommodate individual initiative and changing circumstances.

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Definitions:

Capital Stock

The total amount of physical, financial, and human assets used in the production of goods and services in an economy.

Proprietorships

Businesses owned and operated by a single individual, bearing full responsibility for its assets and liabilities.

Partnerships

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Net Investment

The total amount spent by a company or economy on capital assets, minus depreciation, reflecting the increase in value of the entity's productive capacity.