The Carter family has been the successful owner of a manufacturing company for over 50 years. The company has always performed better than expected and was projected to grow for years to come. To help with this growth, the Carters decided to hire a CEO who is not from the family, the first time in its history. After the hire, the performance of the company shifts for the worse, and there is a separation of ownership and managerial control. What factors should the Carter family change?
a. The Carters should appoint a family member as CEO, as research shows that family-owned firms perform better when a member of the family is the CEO.
b. The CEO should resign, as he or she is not performing in the interest of the shareholders.
c. The CEO should diversify the company, as it has reached the end of its growth projection.
d. The Carters should align the goals of the family and the CEO
a. The Carters should appoint a family member as CEO, as research shows that family-owned firms perform better when a member of the family is the CEO.
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The model was entered into an Excel spreadsheet and the table below shows part of the sensitivity report. Calculate the expected per unit profit for the three services
Variable Cells Final Reduced Cell Name Value Gradient $C$3 P1_ 45.5694 0 $D$3 P2_ 51.5 0 $E$3 P3_ 58.8929 0
Which of the following is not a guideline for constructing a frequency distribution?
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