Clarissa,VP of Operations,was Looking for a New Direction and Asked

question 101

Multiple Choice

Clarissa,VP of operations,was looking for a new direction and asked Jack to manage the reorganization of the call center,even though he was less experienced than many of the managers in that department.Jack found that the other managers were not cooperative in giving him access to their current procedures or ideas about new ones,and he felt powerless to compel them.Clarissa most likely made the mistake of:

• A) delegating inappropriate tasks to a junior manager.
• B) delegating responsibility without adequate authority to Jack.
• C) "passing the buck" by blaming Jack's performance.
• D) taking credit for Jack's accomplishments.
• E) underestimating Jack's capabilities.

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Definitions:

Assumed Investment Rate

The projected rate of return assumed for a hypothetical investment over a specific period.

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The initial investment or premium required to purchase an annuity, which in return provides periodic payments for a specified period or for life.

Pretax Return

The financial return on an investment before any taxes are deducted.

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An individual or entity that is subject to taxes on investment income and capital gains, affecting investment choices and strategies to minimize tax liabilities.