Execute Dynamic SQL commands in SQL Server

In some applications having hard coded SQL statements is not appealing, because of the dynamic nature of the queries being issued against the database server. Because of this sometimes there is a need to dynamically create a SQL statement on the fly and then run that command. This can be done quite simply from the application perspective where the statement is built on the fly whether you are using ASP.NET, ColdFusion or any other programming language. But how do you do this from within a SQL Server stored procedure?   More...