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:

Barrier

An obstacle that prevents progress or access, either physically or metaphorically.

After-school Activities

Organized programs or clubs that students can participate in outside of the regular school hours, which may include sports, arts, and academic clubs.

Transportation

The process or system of moving people or goods from one place to another.

Safety

The state of being safeguarded against or not susceptible to harm, danger, or damage.