Hubert Joly, the Transformational CEO Who Came in from Outside

question 62

Multiple Choice

Hubert Joly, the transformational CEO who came in from outside Best Buy to turn the company around, advocates all but which one of these principles (or "levers") to improve profits?

• A) First cut low wage employees in a last in, first out manner
• B) Cut non-salary expenses, such as travel
• C) Eliminate luxury perks
• D) Purchase an efficient health insurance plan for the company

Acknowledge the impact of strict liability on promoting product safety.

Understand the criteria for defining a product as defective and the respective liabilities for manufacturing, design, and warning defects.

Understand the physiological components of emotional responses and their activation through the sympathetic nervous system.

Comprehend the neural pathways involved in experiencing fear and distinguishing between direct and indirect pathways.

---

Definitions:

Hostility

is a feeling or expression of deep-seated anger, antagonism, or aggression toward others or situations.

Freud's Techniques

Psychoanalytic methods developed by Sigmund Freud, including free association, dream analysis, and the exploration of the unconscious, aimed at treating mental disorders.

Psychodynamic Therapies

A group of therapies that focus on unconscious processes as they are manifested in a person's present behavior, aiming to reveal the inner conflicts affecting the psyche.

Behavior Therapies

A type of psychotherapy that focuses on modifying problematic behaviors through reinforcement strategies and conditioning.