A New Manager Has Been Appointed to Lead Your Division

question 141

Multiple Choice

A new manager has been appointed to lead your division and you, as the senior employee, have been filling her in on how things are done in your department. Which of the following guidelines for effective followership are you employing in assisting your new leader?

• A) offer support to leader
• B) take initiative
• C) play counseling and coaching roles to leader when appropriate
• D) raise issues and/or concerns when necessary
• E) seek and encourage honest feedback from the leader
• F) clarify your role and expectations
• G) show appreciation
• H) keep the leader informed
• I) resist inappropriate influence of leader

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Definitions:

Owner's Capital

This represents the total equity invested by the owners in a company plus any retained earnings, indicative of the net worth of the company from the owner's perspective.

Total Assets

Total assets represent the sum of all assets owned by an individual or organization, including both current and non-current assets.

Cash

Physical form of currency, such as coins and banknotes, used to conduct transactions.

Rental Fees

Charges paid for the use of property or equipment, typically on a periodic basis like monthly or annually, under a leasing or rental agreement.