Which of the Following Factors Most Encourages Stability in a Firm's

question 79

Multiple Choice

Which of the following factors most encourages stability in a firm's strategy?

• A) a new CEO hired from outside the firm but within the industry
• B) a homogeneous top management team
• C) a top management team with managers from different functional backgrounds
• D) a new CEO hired from outside the industry

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Definitions:

Retrieval Cue

A stimulus that allows or aids the recall of information stored in memory.

Elaboration Encoding

A mnemonic device involving the addition of extra information to aid in the memory of something.

Spreading Activation

A method within cognitive science that explains how information is retrieved in the brain, suggesting that the activation of one concept triggers related concepts.

Semantic Network

A cognitive model that represents concepts and ideas as a network of interconnected nodes, where each node represents a concept, and edges represent the relationship or associations between concepts.