What Did a Study of 173 Firms Over a 25-Year

question 27

Multiple Choice

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations,especially when the past CEO's strategy continued to be successful?

• A) They tended to have less loyalty than former CEOs, switching companies at a faster pace.
• B) They tended to have the same functional specialization as the former CEO.
• C) They tended to be more aggressive in their risk-taking than former CEOs.
• D) They tended to rely more on skills developed through group decision-making.
• E) They tended to be turnaround specialists.