Julian is planning on retiring from his role as chief executive of LVN Corporation.He doesn't know who will take his place or even if the departure should be gradual,but knows that________is the responsibility of the __________
A)succession planning; manager
B)succession and termination; board of directors
C)hiring and termination of leadership; board of directors
D)succession planning; board of directors
E)hiring and termination of leadership; manager

Question

Julian is planning on retiring from his role as chief executive of LVN Corporation.He doesn't know who will take his place or even if the departure should be gradual,but knows that________is  the responsibility of the __________
A)succession planning; manager
B)succession and termination; board of directors
C)hiring and termination of leadership; board of directors
D)succession planning; board of directors
E)hiring and termination of leadership; manager

Quizplus · Accepted Answer

Succession planning, which involves identifying and developing potential successors to key leadership positions, is typically the responsibility of the board of directors. Therefore, option D is the best choice. Option A is partially correct but does not indicate who is responsible for the planning. Option B is incorrect as termination is not necessarily part of succession planning. Option C is incorrect as it implies that hiring and termination of leadership are the same as succession planning, which is not accurate. Option E is incorrect as it suggests that managers have the ultimate responsibility, which is not usually the case.

Julian Is Planning on Retiring from His Role as Chief