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

---

Definitions:

U.S. Treasury Deposits

Funds held at the Federal Reserve that belong to the U.S. Treasury, often from revenues or borrowing, used for government spending.

Certificates of Deposit

Savings certificates with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserves and not lend out.

Money Supply

The sum of all financial resources in the form of cash, coins, and amounts in checking and savings accounts present within an economy at a given moment.