Which of the Following Is a Common Mistakemade by Organizations

question 76

Multiple Choice

Which of the following is a common mistakemade by organizations during succession planning?

• A) Including the boards of directors, along with the HR in the process of CEO succession
• B) Focussing on the other employees apart from the top management
• C) Allowing the CEO to direct the planning process
• D) Looking externally as well as internally for succession candidates

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Definitions:

Bushels

A unit of volume that is used to measure quantities of grain, fruit, and other dry commodities, varying in exact measure by product and country.

Microeconomist

An economist who specializes in microeconomics, the study of the behavior of individuals and firms in making decisions on the allocation of limited resources.

Inflation Rate

The speed at which the generic pricing for goods and services elevates, undercutting the force of buying potential.

Macroeconomics

A branch of economics that studies how an economy as a whole functions, including total national income, total levels of employment, and how general price levels are determined.