According to the discussion about succession plans for CEOs in the chapter Opening Case, all of the following are correct EXCEPT
A) A survey of boards found that 40 percent of firms had no succession plan.
B) Apple has a succession plan for CEO Steve Jobs and anticipates an easy transition to a new CEO.
C) The identification of Ellen Kullman as a potential CEO at DuPont illustrates a successful succession plan.
D) In a survey of boards, more than 50 percent of directors rated their firms as ineffective at succession planning.
Correct Answer:
Verified
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