CEO Duality Refers to a Situation in Which the CEO

question 12

Multiple Choice

CEO duality refers to a situation in which the CEO

• A) formulates and implements strategies.
• B) serves as both the CEO and the chair of the board of directors.
• C) is responsible for acting as CEO and serving on the compensation committee.
• D) is responsible for acting as CEO and Chief Operating Officer (COO).

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Definitions:

Expatriate Assignment

A work assignment which involves an employee relocating to a different country for a designated period to perform job duties.

Temporary Leave

A period of time that an employee is allowed to be away from their job for specific reasons, such as health issues, family commitments, or education, often with the intention of returning to the job.

Succession Planning

The process of identifying and tracking high-potential employees who will be able to fill top management positions when they become vacant.

High-Potential Employees

High-potential employees are individuals within an organization who have been identified as having the capability, aspiration, and commitment to hold successive leadership positions and make significant contributions to organizational success.