Which of the Following Is Least Accurate Regarding Succession Planning

question 2

Multiple Choice

Which of the following is least accurate regarding succession planning?

• A) Where a successor is not immediately apparent, uneasiness is intensified and may negatively affect organizational performance.
• B) Organizations without succession plans are essentially leaving the development of their future leaders to chance.
• C) Considerable time and effort may be required for outside persons to understand organizations.
• D) Organizations without succession plans are more likely to have smoother leadership transitions.

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Definitions:

Indifference Curves

Graphical representations showing combinations of two goods that provide an individual with the same level of satisfaction, indicating preferences without implying superiority.

Slope

The measure of the steepness or incline of a line or surface, typically described as a ratio of vertical change to horizontal change.

Budget Line

An illustration showing all the combinations of two items that can be bought given certain prices and a specified budget.

Price

The amount of money expected, required, or given in payment for something; it acts as a signal for scarcity or abundance of a product.