What Is the MOST Useful Role for the External Leader

question 18

Multiple Choice

What is the MOST useful role for the external leader of a self-managed team?

• A) Select new members of the group when they are needed.
• B) Mediate internal conflicts and encourage cooperation.
• C) Monitor the group to ensure it does not become a social club.
• D) Serve as a coach, facilitator, and advocate for the group.

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Definitions:

Convertible

A financial instrument, like a bond or preferred stock, that can be converted into another type of instrument, typically shares of the company's common stock.

Preferred Stock

An equity security that typically provides dividends before common stock is considered and may have priority over common stock in asset liquidation.

Common Stock

Common stock represents shares of ownership in a corporation, giving holders voting rights and a residual claim on corporate earnings in the form of dividends.

After-Tax Interest Expense

The cost of borrowing after adjusting for the effects of taxes, calculated by subtracting the tax savings from the total interest expense.