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Question
An article argues that Edmonton Bank is unlikely to change its policies even though it recently appointed a new CEO. It notes that all the CEOs of Edmonton Bank are Caucasian males in their late forties who went to Ivy League schools. This article's argument about leadership irrelevance is based on the idea that:
a. the new CEO will act in a way similar to the previous CEOs.
b. the new CEO has unilateral control over only a few resources.
c. Edmonton Bank uses information technology for many of its supervisory functions.
d. the new CEO is limited by obligations to Edmonton Bank's shareholders.
Answer
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