CEO Hiring Interview (Scenario)

question 47

Multiple Choice

CEO Hiring Interview (Scenario)
The Ace Children's Clothing Company is a mature MNE that has been manufacturing and selling children's clothing in Ace stores around the world for 30 years. Ace has seen a downturn in global sales recently due to trendy adult clothing companies branching out into children's clothing. The Ace board of directors is interviewing candidates to replace the outgoing CEO. The board wants a CEO who will take Ace into the future and pull customers back into Ace stores. Two candidates are being interviewed for the position: Dan Elizarde and Tanya Carson. Tanya and Dan have comparable executive experience with retail clothing companies. Therefore, the board will be basing its final decision on visionary leadership skills.
-Which of the following best supports the decision by the Ace board of directors to hire Tanya as the CEO?

• A) Tanya's recognition of the homogeneity across communities
• B) Tanya's innovative ideas and ability to spot future retail trends
• C) Tanya's subjective moral and ethical standards
• D) Tanya's competitive personality and dogmatic determination

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Definitions:

Distress Resistant

Distress resistant refers to the ability of an individual to withstand or cope with stress and adversity without experiencing debilitating effects on their mental or physical health.

Commitment, Control, Challenge

Three elements essential for effectively managing stress and fostering resilience, according to the Hardiness Theory.

Employer Sharing Profits

A business strategy where companies distribute a portion of their profits to their employees, often as a bonus or part of a benefit plan.

Partnership Creation

The process of forming a partnership, which is an agreement where two or more parties agree to share in the management, profits, and losses of a business.