What Is an Advantage That a New CEO Has Over

question 38

Multiple Choice

What is an advantage that a new CEO has over a predecessor?

• A) They can create energy for change within the organization
• B) They are hampered by adherence to past organizational practices
• C) They can tackle customer problems with a lack of credibility since they are not associated with previous problems
• D) They are often paid more than the previous CEO, so there is a perception that he/she is a better leader

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Definitions:

Investments

The act of allocating resources with the expectation of generating an income or profit, often through acquiring assets like stocks, bonds, or real estate.

Business

Any organization or entrepreneurial entity engaged in commercial, professional, or industrial activities.

Assessed Values

The valuation placed on a property by a public tax assessor for purposes of taxation.

Taxes

Mandatory financial charges or levies imposed by a government on its citizens and businesses to fund public expenditures.