Asked by Edward Chang on May 06, 2024
Verified
In Learning from Experience: Anne Mulcahy,Chairman and Former CEO of Xerox Commits to Business Ethics: Which of the following is not true regarding Anne Mulcalby?
A) She was appointed CEO at the pinnacle of the Xerox company's success.
B) She believes that the lack of transparency was responsible for Xerox's financial difficulties.
C) She was the first woman CEO chosen as Chief Executive of the year by Chief Executive magazine.
D) None of these are true.
Anne Mulcahy
Known for her role as the former CEO of Xerox Corporation, where she led significant turnaround efforts and innovation.
CEO
Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.
Xerox
A multinational corporation known for its expertise in print and digital document products and services.
- Understand the fundamentals of business ethics, specifically citing examples from corporations such as Johnson & Johnson.
Verified Answer
NN
Nattasha NeherMay 12, 2024
Final Answer :
A
Explanation :
The statement that Mulcahy was appointed CEO at the pinnacle of Xerox's success is not true. In fact, she was appointed CEO in 2001 when the company was struggling financially.
Learning Objectives
- Understand the fundamentals of business ethics, specifically citing examples from corporations such as Johnson & Johnson.
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