Question
Strategic leadership enables leaders to foster innovation, create a vision and provide direction which helps to maintain: A. The status quo B. Market analysis capabilities C. Competitive advantage D. Company's stock market
Answer
4.6
(286 Votes)
Odette
Elite · Tutor for 8 years
Answer
C
Explanation
This question involves understanding the role strategic leadership plays within a business context. Through forming innovative ideas, setting the vision, and providing direction, strategic leaders go beyond day-to-day managerial operations and consider wider business goals. Option A suggests maintaining the status quo, however, true strategic leadership usually involve change and advancements than maintaining a current condition. Option B is about a particular business operation, yet what the strategic leaders do is more about the overall goal of the business rather than only one set operation. Option D refers to the company's stock market, which is not exactly linked with strategic leadership completely. Among these options, Option C - Competitive Advantage most clearly aligns with the task of strategic leadership as ensuring competitive advantage aligns closely with setting the vision, innovation, and direction setting, which is exactly what strategic leaders do.