Which Type of Chief Executive Officer with a Conservative Style,a

question 64

Multiple Choice

Which type of chief executive officer with a conservative style,a production or engineering background,and experience with controlling budgets,capital expenditures,inventories,and standardization procedures would be appropriate for a corporation following a stability strategy?

• A) professional liquidator
• B) dynamic industry expert
• C) turnaround specialist
• D) analytical portfolio manager
• E) cautious profit planner

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Definitions:

Previous Business Success

The accomplishments and positive outcomes achieved by a business in its past operations, often used to gauge potential for future success.

Capital

Financial assets or resources that individuals or companies use to fund their operations and invest in their businesses.

Equity Financing

A method of raising capital through the sale of shares in a company, thereby giving investors ownership interests.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, resulting in greater sales or margins and/or retaining more customers.