As a New Nurse Manager,you Are Aware of Leadership,management,and Followership

question 1

Multiple Choice

As a new nurse manager,you are aware of leadership,management,and followership principles.What is the first step to becoming an effective leader?

• A) Being an effective follower
• B) Taking a class on leadership
• C) Taking a class on management
• D) Getting an advanced degree

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits as income.

Held-To-Maturity Securities

Investments in bonds or other debt securities that management intends to hold to their maturity.

Fair Market Value

The estimated price at which an asset would change hands between a willing buyer and seller, both having reasonable knowledge of the relevant facts, in an arm's length transaction.

Growth Firms

Companies that are expected to grow at an above-average rate compared to other businesses in the market.