Multiple choice

The CEO of one of India's best companies is amused by the publicity his methods have received. He believes that CEO's receive too much credit for corporate profits and claims that, “people assume too easily that CEOs are geniuses when a company is profitable and morons when a company is not.”

According to the CEO's statement, it can be inferred that he believes which one of the following to be true?

  1. A profit making CEO should attempt to manipulate the press.

  2. No CEO can justifiably be called a genius

  3. The success of a company cannot be completely determined by its CEO.

  4. CEOs are less important during an unprofitable streak than they are when company is making profit.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is an inference question, which means the answer must be derived directly from the information given above. This answer directly stems from the conclusion that “CEOs receive too much credit for making the company profitable.”