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Myrtle, a bank manager, is referred to as a tough boss by her subordinates because she uses bullying management styles to get things done. She sends intimidating emails to the clerical staff at her branch, she threatens the cashier to tally the cash transactions within a particular time limit, and she is abrasive to her subordinates when they try to justify their actions. In this scenario, which of the following is the most evident management mistake being committed by Myrtle?
Compensatory Damages
Monetary payments awarded to compensate the injured party for direct losses suffered.
Security Interest
A legal claim or lien on collateral that secures the performance of an obligation, typically repayment of a debt.
Written Agreement
A formalized record of a contract between parties, detailing the terms and conditions of their arrangement.
Secured Party
A secured party is an individual or entity that holds an interest in a debtor's collateral to secure payment or performance of an obligation.
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