Describe the various ways in which a CEO can influence organizational effectiveness and decision-making
What will be an ideal response?
The five principal ways in which a CEO can influence organizational effectiveness and decision-making are:
1. The CEO is responsible for setting the organization's goals and designing its structure.
2. The CEO selects key executives to occupy the topmost levels of the managerial hierarchy.
3. The CEO determines top management's rewards and incentives.
4. The CEO controls the allocation of scarce resources such as money and decision-making
power among the organization's functional areas or business divisions.
5. The CEO's actions and reputation have a major impact on inside and outside stakeholders' views of the organization and affect the organization's ability to attract resources from its environment.
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The one-year interest rate is 4%. The interest rate for a two-year security is 6%. According to the
unbiased expectations theory, the one-year interest rate one year from now must be equal to A) 8.04%. B) 10.00%. C) 5.00%. D) 8.00%.
Which of the following is NOT an advantage of using interviews in the initial stage of change?
a. collects rich data b. begins process of creating dialogue c. teaches communication and listening skills d. provides extensive quantifiable data