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Having Realistic Expectations and Thinking About the Kind of Manager

question 10

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Having realistic expectations and thinking about the kind of manager you want to be,not forgetting to manage upward and sideways as well as downward,getting guidance from other managers,and resisting isolation is good advice for those who are


Definitions:

Ownership

The legal right to possess, use, and dispose of something, encompassing both tangible and intangible assets.

Subrogation

The legal right of an insurance company to pursue a third party that caused an insurance loss to the insured, in order to recover the amount of the claim paid to the insured.

Creditor

An entity or person to whom money is owed by another entity or person.

Debtor

A debtor is an individual or entity that owes money to another party, often referred to in the context of lending and borrowing financial transactions.

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