Which of the following is a True statement about the characteristics that successors should possess?

Question

Quizplus · Accepted Answer

Successors should possess multiple characteristics such as leadership, communication skills, adaptability, and knowledge of the firm. However, depending on the situation, some characteristics may be more important than others. For example, if the firm is undergoing a major change, their adaptability and willingness to learn may be more important than their prior knowledge of the firm. Therefore, the statement that "some characteristics will be more important than others, depending on the situation" is true. The other answer choices are false as there are several desirable characteristics, situation does matter, and knowledge of the firm is important for a successor.

Which of the Following Is a True Statement About the Characteristics