What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations,especially when the past CEO's strategy continued to be successful?
A) They tended to have less loyalty than former CEOs, switching companies at a faster pace.
B) They tended to have the same functional specialization as the former CEO.
C) They tended to be more aggressive in their risk-taking than former CEOs.
D) They tended to rely more on skills developed through group decision-making.
E) They tended to be turnaround specialists.
Correct Answer:
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