Colin is an assistant manager in his firm's credit department. He works closely with a more experienced manager to learn how to perform all of the functions involved in credit management. Colin believes he will soon be experienced enough to take over a senior position in his department. Colin has the benefit of serving as an understudy.

a. True

b. False

Answer: A. True

Explanation:

An understudy is a person who works closely with a staff in a higher position (for example, a manager), learning the important aspects of the job so as to be able to fill up for the senior staff, should he leave the organization, or be absent for any other reason.

The understudy learns the secrets of the senior position. He also has a knowledge of passwords, presentation delivery, and access to important documents. This makes it easier for the organization to fill up an important role and not suffer for long in looking for a replacement after the departure of the senior staff.

Since Colin works closely with the experienced manager, he would learn all the important functions involved in credit management. So he is an Understudy who can be easily called upon to replace the manager, should he exit the organization.

Answer: True

Explanation:

Colin is an assistant manager in the company's credit department and he works closely with an experienced manager who has more experience than him.

There are huge benefits of Collins serving as an understudy. Since he works under someone who has more knowledge and experience than him regarding credit management, Collins can learn more and develop. There is room for personal development for Collins. With the needed experiences, he can take over a senior position in the department.