During an interview for a CEO position, Elena's potential employers ask her, "If you get this job, will you focus more on industry effects or firm effects?" What should her answer be?
Based on the information provided within the question it can be said that the best answer for her would be to say that she would focus mainly on the Firm effects. Mainly because as the CEO of a company you will be able to have the most impact on firm effects and help guide the firm in the right direction to succeed. Which is also what the board of directors wants from a CEO.
