Successful companies prefer to promote an inside executive as Chief Executive Officer for reasons of

stability of operations

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higher profits

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market compulsions

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diversification

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Solution

The correct option is A stability of operations
The passage says, “When the business is running smoothly, directors are more than happy to pick an experienced insider, who will continue along the present path.” Since an inside executive already knows the system, he is preferred.

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Successful companies prefer to promote an inside executive as Chief Executive Officer for reasons of

The correct option is A stability of operationsThe passage says, “When the business is running smoothly, directors are more than happy to pick an experienced insider, who will continue along the present path.” Since an inside executive already knows the system, he is preferred.

The correct option is A stability of operations
The passage says, “When the business is running smoothly, directors are more than happy to pick an experienced insider, who will continue along the present path.” Since an inside executive already knows the system, he is preferred.