You have just been named President and Chief Executive Officer at the StrideRite Shoe Corporation. This appointment places you in the role of ________ to lower managers and ________ to the stockholders.

Question

Quizplus · Accepted Answer

The President and Chief Executive Officer is the principal to lower managers because they have the authority to make decisions on their behalf. The President and Chief Executive Officer is the agent to the stockholders because they are responsible for representing the interests of the stockholders.

You Have Just Been Named President and Chief Executive Officer