You Are a CEO for a Large Company and You

question 224

Multiple Choice

You are a CEO for a large company and you are interested in making some changes to the way that the company runs. You would like to see some creativity in administrative processes, rather than simply continuing the way things have always been done. Which of the following should you do?

• A)Hire new managers from outside the company, because the existing managers are vulnerable to the effects of mental set.
• B)Encourage retired managers to come back temporarily, because experienced managers would be less vulnerable to the effects of mental set.
• C)Promote young employees to positions of power, because young adults are more likely to take advantage of functional fixedness.
• D)Hire more women for management positions, because women are less vulnerable to functional fixedness.

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Definitions:

Avoidable

Capable of being prevented or circumvented through careful action or strategic planning.

Collateral Agreement

An agreement that has its own consideration, but supports another agreement.

Breach of the Contract

An occurrence when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated within the contract.

Financing

The process of providing funds for business activities, making purchases, or investing.