When a New CEO Is Selected from Outside the Firm

question 48

True/False

When a new CEO is selected from outside the firm, a change of strategy is likely, especially if the top management team is homogenous and highly cohesive.

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Definitions:

Endorse Candidates

The act of publicly supporting or recommending candidates for political office by individuals or organizations.

PAO Staff

Personnel who work in a Public Affairs Office responsible for communication, media relations, and public relations activities within an organization.

Barksdale Air Force Base

A significant United States Air Force base located in Bossier City, Louisiana, known for its role in national defense and strategic operations.

Humana

A health insurance company that provides a variety of health, wellness, and insurance products and services designed to offer an integrated approach to lifelong well-being.