Exam 13: Creating Vision and Strategic Direction

____________________ is the set of decisions and actions used to formulate and implement specific strategies that will achieve a competitively superior fit between the organization and its environment so as to achieve organizational goals.

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(Short Answer)

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Question 1

Correct Answer:

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Strategic management

To determine strategic direction for the future, leaders do all EXCEPT:

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(Multiple Choice)

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Question 2

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How do leaders formulate strategy?

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(Essay)

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Question 3

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Strategy formulation integrates knowledge of the environment,vision,and mission with the company's core competence in a way to achieve synergy and create value.When the elements are brought together,the company has an excellent chance to succeed in a competitive environment.Leaders have to ensure that strategies are implemented --- that actual behavior within the organization reflects the desired direction.

Mission answers the question:

(Multiple Choice)

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Question 4

____________________ is the combination of benefits received and costs paid by the customer.

(Short Answer)

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Question 5

Situation analysis includes a search for SWOT which includes all EXCEPT:

(Multiple Choice)

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Question 6

When making strategic decision, the leader considers:

(Multiple Choice)

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Question 7

The common themes of vision include:

(Multiple Choice)

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Question 8

The levels of the Domain of Strategic Leadership include all EXCEPT:

(Multiple Choice)

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Question 9

How does vision energize people and create commitment?

(Essay)

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Question 10

Leaders are responsible for framing a noble purpose that inspires followers to high performance and helps maintain a competitive advantage.

(True/False)

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Question 11

L.L. Bean provides excellent customer service and a quality guarantee. This is an example of core competence.

(True/False)

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Question 12

A mission statement has two critical parts: the core purpose and the reason for existence.

(True/False)

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Question 13

____________________ is the organization's core broad purpose and reason for existence.

(Short Answer)

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Question 14

Henri Ford's original vision for Ford Motor Company stated, "I will build a motor for the great multitude...so low in price that no man making a good salary will be unable to own one...." This example shows how vision:

(Multiple Choice)

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Question 15

The tools of strategy execution include all EXCEPT:

(Multiple Choice)

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Question 16

Strategy execution is the most important part of strategic management.

(True/False)

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Question 17

A vision is always about the present, but it begins in the future.

(True/False)

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Question 18

The complex environment can overwhelm executives, and many tend to focus on internal organizational issues.

(True/False)

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Question 19

Many nonprofit organizations are based on a noble purpose of ____________________ but businesses can use this approach as well.

(Short Answer)

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Question 20

Showing 1 - 20 of 63

____________________ is the set of decisions and actions used to formulate and implement specific strategies that will achieve a competitively superior fit between the organization and its environment so as to achieve organizational goals.

To determine strategic direction for the future, leaders do all EXCEPT:

How do leaders formulate strategy?

Mission answers the question:

____________________ is the combination of benefits received and costs paid by the customer.

Situation analysis includes a search for SWOT which includes all EXCEPT:

When making strategic decision, the leader considers:

The common themes of vision include:

The levels of the Domain of Strategic Leadership include all EXCEPT:

How does vision energize people and create commitment?

Leaders are responsible for framing a noble purpose that inspires followers to high performance and helps maintain a competitive advantage.

L.L. Bean provides excellent customer service and a quality guarantee. This is an example of core competence.

A mission statement has two critical parts: the core purpose and the reason for existence.

____________________ is the organization's core broad purpose and reason for existence.

Henri Ford's original vision for Ford Motor Company stated, "I will build a motor for the great multitude...so low in price that no man making a good salary will be unable to own one...." This example shows how vision:

The tools of strategy execution include all EXCEPT:

Strategy execution is the most important part of strategic management.

A vision is always about the present, but it begins in the future.

The complex environment can overwhelm executives, and many tend to focus on internal organizational issues.

Many nonprofit organizations are based on a noble purpose of ____________________ but businesses can use this approach as well.

What Does It Mean to Be a Leader

Traits, Behaviors, and Relationships

contingency Approaches to Leadership

the Leader as an Individual

Leadership Mind and Heart

Courage and Moral Leadership

followership

motivation and Empowerment

Leadership Communication

Leading Teams

Developing Leadership Diversity

Leadership Power and Influence

Shaping Culture and Values

Leading Change

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