The Concept of "Toughness" Can Best Be Described by Which

question 63

Multiple Choice

The concept of "toughness" can best be described by which of the following?

• A) The leader tends to perceive situations as promising rather than threatening.
• B) The leader is willing and able to change an organization's strategic course even when it represents a significant change from the traditional way of doing business.
• C) The leader works to develop a strong strategic plan and empowers the organization to realize this vision.
• D) The leader develops a coherent plan for executive succession.

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Definitions:

Cash

Physical money such as coins and banknotes, or a resource in bank accounts that is available for immediate withdrawal and use for payments.

Withdrawals

Money or other assets taken out of a business by its owner(s) for personal use.

Financial Position

refers to the status of the assets, liabilities, and equity of an entity at a particular point in time, as represented primarily through the balance sheet.

Date

In financial documents, it signifies the point in time when a transaction occurred or when a document was created.