Asked by Landon Greer on Apr 24, 2024
Verified
In one study, a team of researchers sought to determine how big an impact the Chief Executive Officer (CEO) had on the performance of a company, as reflected in company profits. They concluded that the answer was about ____.
A) 0%
B) 1%
C) 5%
D) 14%
Chief Executive Officer
The highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing the overall operations and resources, and serving as the main point of communication between the board of directors and corporate operations.
- Appreciate the role of diverse opinions and individual reasoning in enhancing group productivity (known as the "wisdom of crowds").
Verified Answer
CM
Christen Marleyna7 days ago
Final Answer :
D
Explanation :
The correct answer is 14%. This percentage reflects the impact that the CEO has on the performance of a company, as concluded by the study in question. This suggests that while CEOs do have a significant impact on company performance, there are many other factors at play as well.
Learning Objectives
- Appreciate the role of diverse opinions and individual reasoning in enhancing group productivity (known as the "wisdom of crowds").
Related questions
A Research Study Concluded That High-Performing Executives Added an Average ...
Getting Lots of Independent Opinions from Average People _____ ...
Which of the Following BEST Describes the Condition(s)essential to the Wisdom ...
A Shift Toward More Extreme Decisions in a Group as ...
Once They Develop, More and Less Diverse Groups Can Be ...