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To Bring About Effective Change, Leaders Must Create an Urgency

question 47

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To bring about effective change, leaders must create an urgency to change internally rather than rely on forces outside the organization to create that urgency.


Definitions:

Economic Boom

A period of significantly increased economic activity characterized by high growth rates in GDP and employment.

Portfolio Weights

The percentages of each asset in a portfolio, indicating the relative size of each investment within the portfolio.

Market Value

The price at this moment for buying or selling an asset or service in the market.

Shares Held

Refers to the quantity of stock units owned by an individual or entity at any given time.

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