There Is No Steadfast Rule as to When a Leader

question 26

Multiple Choice

There is no steadfast rule as to when a leader should or should not __________.

• A) plan to terminate
• B) self-disclose
• C) explain confidentiality
• D) explain informed consent

Recognize the importance and challenges of establishing a harvest strategy early in the venture-building process.

Appreciate the significance of seeking and considering outside advice when shaping a harvest strategy.

Distinguish the advantages and disadvantages of becoming a public company.

Understand the role and impact of timing in crafting a successful harvest strategy.

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Definitions:

High Status

Reflecting a position of considerable influence, respect, or prestige in a social hierarchy or organization.

Group Norms

Established standards of behavior shared by members of a group, which guide and influence member actions.

Deviate

To depart from an established course or norms.

Sanctioned

refers to actions that have been officially approved or authorized.