The subject of the action "makes it likely to miss signs of incipient trouble or misinterpret them when they do appear" is the "Executive". Hence looking at the answer choices we can narrow down to C and E (as in the rest of the options the sentence illogically refers to entities other than the executive or the structure changes the meaning). In option C there is a misplaced modifier as "especially if it has worked well in the past" should be placed close to "course
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