Which of the Following Statements Is Not True Concerning the Career

question 33

Multiple Choice

Which of the following statements is not true concerning the career life cycle for top executives?

• A) During the early years of executives' tenures, they tend to experiment extensively with product lines to learn about their business.
• B) It is possible that a current CEO may not be appropriate to implement a new strategy.
• C) The harvest stage occurs when executives' accumulated knowledge allows them to reduce experimentation and increase performance.
• D) There is an inverted U-shaped relationship between top executive tenure and the firm's financial performance.
• E) The length of time spent in each stage is relatively stable for all CEOs.

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Definitions:

Market Participants

Individuals or entities engaging in buying, selling, or other transactions in markets.

Rational Expectations Theory

A principle that asserts that outcomes will not systematically deviate from what people expected them to be, because individuals use all available information to make forecasts.

Fed

Short for the Federal Reserve System, it's the central banking system of the United States responsible for monetary policy.

Discretionary Fiscal

Fiscal policies involving government spending and taxation that are at the discretion of the government and are used to influence the economy.