How Boards Interview CEO Candidates

Interview questions for CEO candidates

And the reason of the question

You are the founder, CEO, of a new company and are responsible for setting up a corporation. Please discuss the following:

How you would ideally like to structure your company (pick an industry to describe and a product or service). Also, what type of corporate governance mechanisms would put in place.

What kind of culture you would like to have and why?

Discuss how you would recruit, train, and maintain employees and if you would reward people individually or for working in a group?

Discuss how you would create an innovative organization. Please consider how you will engage in a type of innovative activity for this product.

Describe what type of strategy would you like to undertake with a particular product or service. Determine if you have a domestic only or international plan and incorporate this into the discussion.

A sample of 36 MBA students at a certain university produces a mean age of 26.5 years with a standard deviation of 10.24 years. Which of the following is the 90% confidence interval for the mean age of all MBA students at this university based on this sample.

Many entrepreneurs have the desire to become successful CEOs, but not all will succeed. The period of transition during which a startup grows up and becomes a scalable business is arguably the most critical time in the life of an emerging firm. In his 2018 interview, Airbnb founder Bryan Chesky states that "(after growing your startup, you reach a point where) you realize that everything you do doesn’t matter because your company is too big and you need to run your business fairly differently”. Which ones of the "eight hurdles of transition" (Picken, 2017) Chesky had to face in order to become a successful CEO? Indicate at least 3 hurdles (for example: building financial capability OR developing an appropriate culture) and explain how he was able to overcome them.

Need a couple paragraph response

Mahesh graduated from college six years ago with a finance undergraduate degree. Although he is
satisfied with his current job, his goal is to become a banker. He feels that MBA degree would allow
him to achieve this goal. After examining business schools, he has narrowed his choice to Kathmandu
University, school of management, one of the renowned University in Nepal. Although internships are
encouraged by the school, to get class credit for the internship, no salary can be paid. Other than
internship, neither school will allow its students to work while enrolled in its MBA program. Assume
it is now January 1, 2020 and he is planning to accumulate Rs 710,000 including college fees and other
stationery expenses for an MBA in January 2025. Today he is thinking for a deposit in a bank that pays
11 per cent nominal interest rate. The source of income that he received quarterly from his current job
is Rs 65,000. Out of his quarterly income he spends 65 per cent amount for his living. His mother has
also deposited Rs 200,000 in his account to facilitate his MBA degree. In order to attain his goal, you
are required to answer the following: [1+2+2+2+1+2=10]
a. How much must he deposit in lump sum on January 1, 2020 to accumulate a university fees along
with stationery expenses of Rs 710,000 on January 1, 2025?
b. If Mahesh wants to make equal installments on each January 1 from 2021 through 2025, how large
must each payment be?
c. If he wants to invest his quarterly salary net saving in the bank, the first payment being made at the
end of first quarter from now, how much he could accumulate in January 1, 2025? Assuming that
interest is compounded on quarterly basis.
d. What is the effective annual rate if interest is compounded monthly? Explain the difference
between annual percentage rate and effective annual rate.
e. If his bank balance of Rs 200,000 today pays 9 per cent annual interest compounded monthly, to
which value it will grow on January 1, 2025?
f. A dollar in hand today is worth more than a dollar to receive next year. Give your arguments.

Please, i need an analysis on the life of jeff bezoz founder and ceo of amazon, his background, career and key leadership characteristics. also how does a company cope with accelerating change. and how can a firm encourage innovation.

During the past year, Argentina has struggled with high inflation rates (~45%) and a depreciating currency, with the peso losing around 50% of its value vis a vis the US dollar. The central bank’s bench mark interest rate is currently 60%. Early data suggests that Argentinian real GDP growth will be negative in 2018. The CEO of a small Canadian company sees this economic crisis as a potential opportunity to expand into Argentina, by acquiring a local company at low cost, financed by borrowing in pesos. Knowing you have just completed an MBA economics class, she asks you what you think of the opportunities and threats the current economic conditions in Argentina might create for her plan. What would you tell her

You are 20 years old and have completed your BBA and want to pursue further education but you don’t want to take money from your father. Your plan is to start working and earn enough money so that you can finance your degree on your own and get yourself enrolled in five years’ time. You estimate that the annual cost of doing an MBA 5 years from today will be PKR 400,000 and the program will be two years long. You will need the money at the beginning your program so that you are not worried about how to clear your dues during your studies. Luckily you go for a job interview and they hire you and you start working at a salary of PKR 25,000. So you decide that 50% you will deposit in a saving account at a 10% rate with monthly compounding for your further studies and the remaining amount you will use for your daily expenses.

1. Will you be able to meet your goal at this current saving rate?
2. What percentage of your salary should you save if you want to have exactly your university expenses amount?
3. How would your answer to part 1 change if the saving account rate changed to 5%? Comment on your answer.

      4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose? Explain your answer.

Important note: *kindly do make sure that you have read the question properly because there is a confusion in question regarding Its 2 years MBA or 5 years MBA. The calculation is based on the time period of MBA program*.

MCKENZIE CORPORATION’S CAPITAL BUDGETING

Sam McKenzie is the founder and CEO of McKenzie Restaurants, Inc., a regional company. Sam is considering opening several new restaurants. Sally Thornton, the company’s CFO, has been put in charge of the capital budgeting analysis. She has examined the potential for the company’s expansion and determined that the success of the new restaurants will depend critically on the state of the economy over the next few years.

McKenzie currently has a bond issue outstanding with a face value of $25 million that is due in one year. Covenants associated with this bond issue prohibit the issuance of any additional debt. This restriction means that the expansion will be entirely financed with equity at a cost of $5.7 million. Sally has summarized her analysis in the following table, which shows the value of the company in each state of the economy next year, both with and without expansion:

1. What is the expected value of the company in one year, with and without expansion? Would the company’s stockholders be better off with or without expansion? Why?

2. What is the expected value of the company’s debt in one year, with and without the expansion?

3. One year from now, how much value creation is expected from the expansion? How much value is expected for stockholders? Bondholders?

4. If the company announces that it is not expanding, what do you think will happen to the price of its bonds? What will happen to the price of the bonds if the company does expand?

5. If the company opts not to expand, what are the implications for the company’s future borrowing needs? What are the implications if the company does expand?

6. Because of the bond covenant, the expansion would have to be financed with equity. How would it affect your answer if the expansion were financed with cash on hand instead of new equity?

Assume you just graduated from a university with an MBA and were hired by a small American company generating 100% of its $20 million revenue from domestic sales. Your job as International Sales Director is quite simple: to make sure international sales generate as much revenue as domestic sales within five years.

Where do you start?

What are some of your first initiatives? Why?