Exam 7: Change: a Focus on Adaptability and Resiliency

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Emotions can hijack a decision by taking control of the process that would normally be carried out by the ________.

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Steve Jobs,the late founder of Apple,said,"Playing it safe is the most dangerous thing we can do." Do you agree or disagree with this statement? Explain your reasoning.

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The long tail refers to a product that appeals to a small proportion of a very large population.

(True/False)
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Stage 1 of Kotter's model requires leaders to create a new strategic vision.

(True/False)
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Which of the following does NOT explain why pharmaceutical companies are changing their business model?

(Multiple Choice)
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The ability to deal with change is a critical skill in today's world.

(True/False)
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In order to attract the best employees,a company builds a state-of-the-art gym with a babysitting service in its new factory.Which strategy of change fits this approach best?

(Multiple Choice)
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In Shea's work system model,managers ________ to affect change.

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Which of the following contributed most to the economic crisis that began in 2007?

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Boyatzis's model uses a person's ________ to provide motivation for intentional change.

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Your company has been blindsided by a competitor's release of a game-changing product.According to the Nadler and Tushman model,which is the best approach for the company to address this challenge?

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Which of the following describes the most common reaction to change?

(Multiple Choice)
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Optimists perceive bad situations as welcome challenges and opportunities for learning.

(True/False)
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Diversity can improve business for a company by allowing companies to develop ________.

(Multiple Choice)
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