When a Charismatic Leader Steps Down, Which of the Following

question 100

Multiple Choice

When a charismatic leader steps down, which of the following challenges will his or her successor likely face?

• A) Raising profit levels from an all-time low
• B) Recruiting workers who left under the prior leader
• C) Measuring up to the legacy of the prior leader
• D) Setting a vision for the organization
• E) Eliminating the "loose" management culture left behind

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Definitions:

Equity

Ownership interest in a corporation in the form of common stock or preferred stock, representing a claim on its earnings and assets.

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense, or the use of resources so as to maximize the production of goods and services.

Military Establishment

This refers to the structures, institutions, and personnel that constitute a country's armed forces and defense infrastructure.

Mikhail Gorbachev

The last leader of the Soviet Union, serving from 1985 to 1991, known for his policies of glasnost (openness) and perestroika (restructuring).