The Most Important Leadership Trait in the Strategy Execution Process

question 51

Multiple Choice

The most important leadership trait in the strategy execution process is

• A)a strong, confident sense of what to do and how to do it.
• B)strong communication skills (both written and verbal)covering motivating intent.
• C)strong management skills to ensure a systematic approach to administration.
• D)strong organizational skills so as to make actions structured toward results.
• E)strong empathy skills when employees run into challenging moments.

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Definitions:

Useful Life

The estimated time period that an asset is expected to be usable by an entity, with reasonable efficiency, for the purpose for which it was acquired.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, which typically includes the balance sheet, income statement, and cash flow statement.

Not-for-profit Organizations

Entities that operate for purposes other than generating profit, focusing instead on public or social objectives.

External Reporting

refers to the process of preparing and disclosing financial statements and other information to outside users such as investors, creditors, and regulatory agencies.