Which kind of company would be less likely to fire its CEO after a poor performance?
A) a company with a symbolic view of management
B) a company with a realistic view of management
C) a company with an external view of management
D) a company with an omnipotent view of management
Answer: A
Explanation: A company with an omnipotent view of management would tend to hold its leaders responsible for failure and would therefore be more likely to fire its leaders after a poor performance. A company with a symbolic view of management would tend to see the leader's role as less consequential to success or failure, and therefore there would be no reason to fire the CEO if he or she otherwise was doing a good job.
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Obligations to be paid within one year are
A. current assets B. current liabilities C. revenues D. bills
Any members who did not wrongfully dissociate after company is dissolved may participate in __________ process. To _______ the business, members must collect, liquidate and distribute the LLC's assets.
Fill in the blank(s) with the appropriate word(s).