Question 1

_____ can be defined as the combination of benefits received and costs paid by the customer.

Accepted Answer

The answer of _____ can be defined as the combination...

Question 2

Which of the following is an example of activities that have a low strategic impact but which are relatively easy to execute?

Accepted Answer

A)  Mergers and acquisitions of business 
B)  Difficult changes with little or no potential for payoff 
C)  Major changes with potential for payoff 
D)  Incremental improvements in products 
A)  Mergers and acquisitions of business 
B)  Difficult changes with little or no potential for payoff 
C)  Major changes with potential for payoff 
D)  Incremental improvements in products

Question 3

_____ occurs when organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone.

Accepted Answer

The answer of _____ occurs when organizational parts interact to...

Question 4

A vision is what the organization "stands for" in a larger sense, whereas a mission is ambitious desire for the future.

Accepted Answer

A) True 
 B)False

Question 5

List the necessary skills that can be developed by leaders for thinking strategically and navigating uncertainty.

Accepted Answer

Answers will vary. Strategic leadership

Question 6

Strategic leaders react to environmental changes rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like.

Accepted Answer

A) True 
 B)False

Question 7

If the company's purpose is _____, its purpose is based on being strong, aggressive, and effective.

Accepted Answer

A)  altruism 
B)  heroism 
C)  excellence 
D)  discovery 
A)  altruism 
B)  heroism 
C)  excellence 
D)  discovery

Question 8

A(n) _____ is an attractive, ideal future that is credible yet not readily attainable.

Accepted Answer

The answer of A(n) _____ is an attractive, ideal future...

Question 9

A powerful vision frees people from the mundane by providing them with a challenge that requires them to give their best.

Accepted Answer

A) True 
 B)False

Question 10

Identify the true statement regarding visions.

Accepted Answer

A)  Visions are always communicated using a single channel. 
B)  Many visions tend to be the properties of leaders alone. 
C)  Visions fail to be emotional appeals to fundamental human needs. 
D)  Many visions fail to adequately involve employees. 
A)  Visions are always communicated using a single channel. 
B)  Many visions tend to be the properties of leaders alone. 
C)  Visions fail to be emotional appeals to fundamental human needs. 
D)  Many visions fail to adequately involve employees.

Question 11

Identify the correct statement regarding strategic leadership.

Accepted Answer

A)  It is responsible for the relationship of the external environment to choices about vision, mission, strategy, and their execution. 
B)  It is a form of leadership that comes naturally to individuals. 
C)  It reacts to environmental changes, rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like. 
D)  It is the most important as well as the most difficult part of strategy execution. 
A)  It is responsible for the relationship of the external environment to choices about vision, mission, strategy, and their execution. 
B)  It is a form of leadership that comes naturally to individuals. 
C)  It reacts to environmental changes, rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like. 
D)  It is the most important as well as the most difficult part of strategy execution.

Question 12

Diane heads an event management company called Venus Inc. The company encourages an innovative and creative approach to work. Diane plans to cocreate a vision. Which of the following steps should she apply to implement her plan?

Accepted Answer

A)  Diane should make a vision that can be the property of the leader. 
B)  Diane should create the final vision statement without several drafts. 
C)  Diane should target a vision for a desired future. 
D)  Diane should communicate the vision using a single channel. 
A)  Diane should make a vision that can be the property of the leader. 
B)  Diane should create the final vision statement without several drafts. 
C)  Diane should target a vision for a desired future. 
D)  Diane should communicate the vision using a single channel.

Question 13

Explain the four possibilities of leadership in providing direction.

Accepted Answer

Answers will vary. Refer to Exhibit 13.1

Question 14

Which of the following statements is true of strategic leadership?

Accepted Answer

A)  It involves the strength to be based in the future that is substantially different from the status quo but is concerned with the current reality. 
B)  It intends to establish an environment where leaders see things the same way or make the same choices. 
C)  It involves the ability to work with others to initiate changes that will create a competitive advantage for the organization in the future. 
D)  It involves the ability to maintain the status quo rather than bringing change. 
A)  It involves the strength to be based in the future that is substantially different from the status quo but is concerned with the current reality. 
B)  It intends to establish an environment where leaders see things the same way or make the same choices. 
C)  It involves the ability to work with others to initiate changes that will create a competitive advantage for the organization in the future. 
D)  It involves the ability to maintain the status quo rather than bringing change.

Question 15

An organization's _____ is something that the organization does extremely well in comparison to competitors.

Accepted Answer

The answer of An organization's _____ is something that the...

Question 16

Strategy execution is the most important as well as the most difficult part of strategic management.

Accepted Answer

A) True 
 B)False

Question 17

An effective vision:

Accepted Answer

A)  is the property of the leader. 
B)  sets a standard of excellence and integrity. 
C)  is always focused on the past. 
D)  happens naturally. 
A)  is the property of the leader. 
B)  sets a standard of excellence and integrity. 
C)  is always focused on the past. 
D)  happens naturally.

Question 18

Which of the following statements is true of mission?

Accepted Answer

A)  It is an ambitious desire for the future. 
B)  It tends to grow and change in the face of environmental shifts. 
C)  It defines the company's core values and reason for being. 
D)  It cannot work together with a company's vision. 
A)  It is an ambitious desire for the future. 
B)  It tends to grow and change in the face of environmental shifts. 
C)  It defines the company's core values and reason for being. 
D)  It cannot work together with a company's vision.

Question 19

Vision focuses on the current reality and maintaining the status quo.

Accepted Answer

A) True 
 B)False

Question 20

_____ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals and achieve the vision.

Accepted Answer

A)  A noble purpose 
B)  Mission 
C)  Strategy 
D)  A core value 
A)  A noble purpose 
B)  Mission 
C)  Strategy 
D)  A core value

_____ can be defined as the combination of benefits received and costs paid by the customer.

Which of the following is an example of activities that have a low strategic impact but which are relatively easy to execute?

_____ occurs when organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone.

A vision is what the organization "stands for" in a larger sense, whereas a mission is ambitious desire for the future.

List the necessary skills that can be developed by leaders for thinking strategically and navigating uncertainty.

Strategic leaders react to environmental changes rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like.

If the company's purpose is _____, its purpose is based on being strong, aggressive, and effective.

A(n) _____ is an attractive, ideal future that is credible yet not readily attainable.

A powerful vision frees people from the mundane by providing them with a challenge that requires them to give their best.

Identify the true statement regarding visions.

Identify the correct statement regarding strategic leadership.

Diane heads an event management company called Venus Inc. The company encourages an innovative and creative approach to work. Diane plans to cocreate a vision. Which of the following steps should she apply to implement her plan?

Explain the four possibilities of leadership in providing direction.

Which of the following statements is true of strategic leadership?

An organization's _____ is something that the organization does extremely well in comparison to competitors.

Strategy execution is the most important as well as the most difficult part of strategic management.

An effective vision:

Which of the following statements is true of mission?

Vision focuses on the current reality and maintaining the status quo.

_____ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals and achieve the vision.

What Does It Mean to Be a Leader

Traits Behaviors and Relationships

Contingency Approaches to Leadership

The Leader As Individual

Leadership Mind and Emotion

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

Filters

Exam 13: Creating Vision and Strategic Direction

_____ can be defined as the combination of benefits received and costs paid by the customer.

Which of the following is an example of activities that have a low strategic impact but which are relatively easy to execute?

_____ occurs when organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone.

A vision is what the organization "stands for" in a larger sense, whereas a mission is ambitious desire for the future.

List the necessary skills that can be developed by leaders for thinking strategically and navigating uncertainty.

Strategic leaders react to environmental changes rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like.

If the company's purpose is _____, its purpose is based on being strong, aggressive, and effective.

A(n) _____ is an attractive, ideal future that is credible yet not readily attainable.

A powerful vision frees people from the mundane by providing them with a challenge that requires them to give their best.

Identify the true statement regarding visions.

Identify the correct statement regarding strategic leadership.

Diane heads an event management company called Venus Inc. The company encourages an innovative and creative approach to work. Diane plans to cocreate a vision. Which of the following steps should she apply to implement her plan?

Explain the four possibilities of leadership in providing direction.

Which of the following statements is true of strategic leadership?

An organization's _____ is something that the organization does extremely well in comparison to competitors.

Strategy execution is the most important as well as the most difficult part of strategic management.

An effective vision:

Which of the following statements is true of mission?

Vision focuses on the current reality and maintaining the status quo.

_____ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals and achieve the vision.

What Does It Mean to Be a Leader

Traits Behaviors and Relationships

Contingency Approaches to Leadership

The Leader As Individual

Leadership Mind and Emotion

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

Filters