Recently,Sony Selected Sir Howard Stringer as CEO

question 18

Multiple Choice

Recently,Sony selected Sir Howard Stringer as CEO. Sir Howard is not Japanese and he was not a Sony employee before his selection. Which of the following statements is FALSE?

• A)Sony's top management team will be more heterogeneous with the addition of Sir Howard.
• B)Sir Howard will have a broader perspective of the firm and its competitive environment than would a Sony insider.
• C)If Sony's top management team is homogeneous, Sir Howard's future impact on Sony's strategy is ambiguous.
• D)The decision-making process on Sony's top management team will be smoother and faster with the addition of Sir Howard.

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Definitions:

Carryover

Unused tax credits or deductions that can be applied to future tax years to reduce tax liability.

Short-term Loss

A loss realized on the sale or exchange of an asset held for one year or less.

Long-term Loss

The loss realized from the sale of an asset held for more than one year, which can offset long-term gains for tax purposes.

Capital Gain

The profit made from the sale of a capital asset, like real estate or stocks, that exceeds the purchase price.