At a town hall meeting, the CEO of a company spoke energetically about adopting cost-cutting measures due to the recent economic slump. However, a few days later, the employees found out that the CEO had gone on an exotic vacation using funds from the company. Which of the following is true about this company? A. The firm's expectations are not established in writing. B. Key data are not measured and reported in a timely manner. C. Employees are unclear about what needs to be achieved. D. Senior managers set a bad example, implying a lack of control. E. Reviews are not held periodically.

Question

Business

Xavier

9 November, 17:14

At a town hall meeting, the CEO of a company spoke energetically about adopting cost-cutting measures due to the recent economic slump. However, a few days later, the employees found out that the CEO had gone on an exotic vacation using funds from the company. Which of the following is true about this company? A. The firm's expectations are not established in writing. B. Key data are not measured and reported in a timely manner. C. Employees are unclear about what needs to be achieved. D. Senior managers set a bad example, implying a lack of control. E. Reviews are not held periodically.

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Brendon Yoder · Answer 1

Answer: Option D

Explanation: In the given case, the senior managers set a bad example by going on the vacation from the funds of company right after declaring the decision of cost cutting.

The behavior by the manager in the given case, implies that he has a lack of control as the actions made by him does not coordinate with the objectives of the organisation.

Thus, from the above we can conclude that the right option is D.