Understanding the Role and Challenges of CEOs

What is one of the primary roles of a CEO?

• To oversee marketing strategies

• To handle customer service

• To set the vision of the company

• To manage day-to-day operations

Why might a CEO's decision to cut costs be viewed negatively?

• It always leads to company losses

• It increases product prices

• It reduces employee benefits

• It can result in layoffs or outsourcing

What is a key ethical responsibility of a CEO?

• Reducing the company's environmental footprint

• Expanding the company's product line

• Maximizing shareholder profits

• Increasing the company's market share

How can public perception of CEOs be affected by their decisions?

• It is always positive

• It is unaffected by their decisions

• It can become negative if decisions impact personal lives

• It is always negative

What challenge do CEOs face during a crisis?

• Maintaining employee morale

• Managing public relations

• Balancing short-term and long-term goals

• All of the above

Why are CEOs often the target of public frustration?

• They handle customer complaints

• They are responsible for marketing

• They have no influence over company decisions

• They are seen as the face of the company

What is a significant factor contributing to the public's lack of trust in CEOs?

• High CEO salaries and bonuses

• Poor customer service

• Increased product prices

• Lack of innovation

What is a critical aspect of a CEO's role in terms of social responsibility?

• Ignoring public opinion

• Balancing profits with social impact

• Reducing employee benefits

• Focusing solely on profit

How can CEOs bridge the gap between profits and social responsibility?

• By reducing employee salaries

• Through transparency and ethical leadership

• By increasing product prices

• By focusing on short-term gains

What is a common misconception about the role of a CEO?

• They do not interact with stakeholders

• They only focus on profits

• They are responsible for all company decisions

• They have no influence on company culture