Many Managers Strongly Resist Giving Up the Reins of Power

question 21

Multiple Choice

Many managers strongly resist giving up the reins of power to people they view as subordinates.They see self-managed teams as

• A) a threat to the proper management of people
• B) a threat to their productivity
• C) a threat to the even pace of work
• D) a threat to their job security
• E) a threat to quiet,unassertive employees

---

Definitions:

Loan Agreement

A contract between a borrower and a lender outlining the terms and conditions of a loan.

Events of Default

Specific conditions or circumstances outlined in a loan agreement or bond indenture that, when occurring, grant the lender the right to demand early repayment or take other corrective actions.

Cross Default

A provision in a loan agreement that triggers a default under the agreement if the borrower defaults on another debt obligation.

Compliance Default

Compliance default occurs when a party fails to act in accordance with set guidelines, rules, or laws, potentially leading to legal consequences.