All of the Following Are Correct About the Status of CEO

question 105

Multiple Choice

All of the following are correct about the status of CEO succession (Chapter 12 Strategic Focus) EXCEPT

• A)there is considerable CEO turnover in North American and European firms hence the need for succession plans.
• B)IBM has a succession plan for CEO Sam Palmisano.
• C)most formal succession plans call for the use of executive search firms.
• D)over 90 percent of firms have succession plans.

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Definitions:

Paragraph Alignment

The arrangement of text within a document relative to its margins, such as left-aligned, centered, or justified.

Combo Box Content Control

A control element in graphical user interfaces that combines a drop-down list or box with a single-line textbox, allowing users to select a value from the list or enter one directly.

Drop-Down List

A graphical control element that allows the user to choose one value from a list of options when activated.

Text Options

A set of formatting choices provided by software applications that allow customization of text attributes such as font, size, color, and alignment.