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:

Employee Incentives

Rewards or benefits offered to employees to motivate them and improve their job performance.

Strategy Map

Arrows added to the balanced scorecard showing the expected cause-and-effect relationships among strategic objectives.

Value Chain

The full range of activities that businesses go through to bring a product or service from conception to delivery to the consumer.

Customer Satisfaction

A measure of how products or services offered by a company meet or surpass customer expectations, essential for retaining clientele and fostering loyalty.