A Survey of CEOs of the 162 Largest Firms on Fortune's

question 12

Multiple Choice

A survey of CEOs of the 162 largest firms on Fortune's list of the 500 largest American corporations found that the CEOs strongly believed all of the following except

• A) an international orientation should be an important part of a college business education.
• B) international business skills and knowledge were important for promotion to senior executive positions.
• C) international business skills and knowledge were important for appointment to entry-level positions.
• D) the importance of international business skills and knowledge was magnified for companies that anticipated increasing importance of international activities in the next five years.
• E) foreign language proficiency was essential for promotion to senior executive positions.

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Definitions:

TV Commercials

Short segments on television intended to persuade viewers to buy products or services.

Investment

The purchase of goods that are not consumed today but are used in the future to create wealth.

Google Stock

Equity shares of Alphabet Inc., the parent company of Google, representing ownership in one of the world's leading technology firms.

Exxon Mobil

An American multinational oil and gas corporation, one of the world's largest publicly traded energy providers and chemical manufacturers.