When an Organization Has Declining Performance,a CEO Who Has Been

question 12

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

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Definitions:

Information Broker

An individual or entity that collects, compiles, and distributes information from various sources.

Functional Units

Organizational segments specialized in different tasks within a company, each contributing to the overall functionality.

Social Capital

A network of social relationships characterized by mutual respect, trust, and cooperation which can provide both individuals and groups with valuable resources and support.

Structural Holes

Gaps within a social network where there are no direct ties or connections between nodes or individuals, which can create opportunities for brokerage and information flow.