When Constrained Specifically by a Lack of Resources, Leaders Should

question 4

Multiple Choice

When constrained specifically by a lack of resources, leaders should generally consider the following:

• A) analyzing strengths and weaknesses through a thorough assessment process
• B) using more delegation, training, mentoring, planning, depending on the type of resource constraint
• C) requesting or making rule changes, and seeking appropriate waivers of policy
• D) requesting policy changes through appropriate channels as a long-term project

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Definitions:

Structured Investment Vehicles

Finance entities created to manage a portfolio of investment assets, often using leverage to finance long-term assets with short-term debt.

SIVs

Structured Investment Vehicles, which are pool investment entities created to finance long-term assets with short-term debt, known for their role in the financial crisis due to liquidity issues.

Credit Default Swap

A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.