Which of the following is NOT a benefit to the firm using the internal labor market to select a new CEO?
A) Internal hiring results in a higher turnover rate of existing personnel.
B) Insiders are familiar with the firm's products.
C) Insider hiring reflects a desire for continuity.
D) Insiders are more familiar with a firm's operating procedures.
Correct Answer:
Verified
Q22: Which of the following is NOT likely
Q23: The ability to manage _ may be
Q24: Some researchers argue that a firm's long-term
Q25: A CEO obtains power from all of
Q26: An emphasis on strategic controls encourages managers
Q28: A characteristic of the manager that may
Q29: Which of the following is NOT associated
Q30: The more involved a board of directors
Q31: A CEO's commitment to the status quo
Q32: Which of the following is NOT related
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