When an Organization Has Declining Performance, a CEO Who Has

question 73

Multiple Choice

When an organization has declining performance, a CEO who has been in office for many years is LEAST likely to ________.

• A) look for ways to improve implementation of the existing strategy
• B) make small, incremental changes in the strategy
• C) give a pep talk and urge people to redouble their effort
• D) make major changes in the organization's strategy

---

Definitions:

P-value

A statistical measure that helps to determine the significance of results obtained in hypothesis testing, indicating the probability of observing results at least as extreme as those observed, under the assumption that the null hypothesis is true.

Smoking Status

A classification of individuals based on their usage of tobacco products, typically categorized into current smoker, former smoker, and never smoked.

P-value

A statistical measure that indicates the probability of the observed data under the assumption that the null hypothesis is true.

Sick Leave Rate

The ratio or percentage of employees taking absence from work due to illness within a specified time period.