The correct answer is (d) chronic managerial incompetence
Employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, according to the Peter principle.
It a concept in management that observes that people in a hierarchy tend to rise to "a level of respective incompetence."
The Peter Principle, written by Laurence Peter and Raymond Hull in 1969 and published by William Morrow & Company, explains the idea.
Peter and Hull’s book it quickly gained popularity because readers recognized that it was making a serious point about the problems with how people get promoted within hierarchical corporations.
Since then, the Peter Principle has generated a lot of discussion and study.
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