Upper Echelon Theory Argues That

question 34

Multiple Choice

Upper echelon theory argues that:

• A)turnover at the top becomes a vicious cycle
• B)executive turnover will usually result in declining organizational performance
• C)characteristics of the top management team can predict organizational characteristics
• D)wild turkeys will have a detrimental effect on organizational performance

---

Definitions:

Customer Tastes

The preferences and inclinations of consumers that influence their purchasing behaviors, which can vary widely across different segments of the market.

Trademarks

Legally registered symbols, names, or slogans used to identify and distinguish products or services of a particular source.

Trade Names

The commercial names used by businesses to operate in the market, often different from their legal registered names.

Disclosure Statement

A document that outlines important or required information that a company must provide to consumers, investors, or regulatory bodies, particularly regarding financial operations, risks, or conflicts of interest.