Transformational leaders create a long-term vision for the firm.

Question

Quizplus · Accepted Answer

Transformational leaders are known for creating a compelling and inspiring vision for the organization that motivates employees to work towards a common goal. This vision is typically long-term and strategic in nature, focused on achieving growth and success for the organization over the long run. By contrast, transactional leaders tend to focus more on short-term goals and maintaining the status quo, rather than envisioning and pursuing major changes or growth opportunities.

Transformational Leaders Create a Long-Term Vision for the Firm