There Have Been Several Studies of Managers Who Fail (Derailers)

question 85

Multiple Choice

There have been several studies of managers who fail (derailers) and managers who succeed in climbing the organizational hierarchy (arrivers) . Which of the following statements describes a significant fact learned from these studies?

• A) Derailers are insensitive.
• B) Arrivers fail to inform others when things will not be done on time.
• C) Arrivers fail to admit mistakes.
• D) Arrivers fail to take responsibility for mistakes.
• E) There are several significant differences between arrivers and derailers.

---

Definitions:

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Future Value

The amount to which some current amount of money will grow if interest earned on the amount is left to compound over time.

Imperfectly Competitive

A market structure where individual firms have some control over the price of their products due to factors like brand differentiation and barriers to entry.