When the Top Management Team Is Homogeneous and a New

question 63

Multiple Choice

When the top management team is homogeneous and a new CEO is selected from inside the firm, it is:

• A) unlikely that the current strategy will change.
• B) likely that product innovation will continue.
• C) likely there will be a change in strategy.
• D) unlikely the new CEO will have a long tenure.

---

Definitions:

Freud

Sigmund Freud, an Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue.

Cohort Effect

The influence of being part of a group of people born around the same time, affecting the beliefs, behaviors, and outcomes of that group due to their shared experiences.

Cross-Sectional Research

A research method that analyzes data from a population, or a representative subset, at a specific point in time.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of human beings, which outlines eight stages from infancy to adulthood.