Why do good leaders need courage?
What will be an ideal response?
To be a good leader, you need the courage to create a vision of greatness for your unit; identify and manage allies, adversaries, and fence sitters; and execute your vision, often against opposition. This does not mean you should commit career suicide by alienating too many powerful people; it does mean taking reasonable risks, with the good of the firm at heart, in order to produce constructive change.
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A leader of a nonprofit organization is electronically filing a Form 990-N with the Internal Revenue Service. The leader is filing a/an ______.
A. e-card B. e-notice C. e-return D. e-Postcard
Advertising expense appears as a general and administrative expense on the income statement
Indicate whether the statement is true or false
Most, but not all, firms report cash flows from operations using the indirect method
Indicate whether the statement is true or false
When a debt is secured by property as collateral and the debtor defaults, the creditor may:
A) take possession of the property and retain it in full satisfaction of the debt or sell it. B) take possession of the property and use it until the debtor pays the debt. C) not take possession of the property, but must sue the debtor for the balance due. D) None of these.