Question 1

Expecting corporations to address social ills is often countered with the argument based on

Accepted Answer

A)  efficient use of resources 
B)  furthers the firm's self interest 
C)  misappropriation of assets 
D)  function of wealth creation 
A)  efficient use of resources 
B)  furthers the firm's self interest 
C)  misappropriation of assets 
D)  function of wealth creation

Question 2

Insisting on the need for a brand name is an example of a managerial belief.

Accepted Answer

A) True 
 B)False

Question 3

Strategic preferences of managers are derived from personal attributes.

Accepted Answer

A) True 
 B)False

Question 4

If the environment/resources linkage is strong, it is not necessary for a strategy to be consistent with managerial preferences.

Accepted Answer

A) True 
 B)False

Question 5

Boards of Directors are often not as effective as they might be because the board

Accepted Answer

A)  too peripheral to the organization 
B)  is focused on meeting the needs of the shareholders 
C)  is dominated by internal management 
D)  does not make the day to day decisions of the corporation 
A)  too peripheral to the organization 
B)  is focused on meeting the needs of the shareholders 
C)  is dominated by internal management 
D)  does not make the day to day decisions of the corporation

Question 6

An economic argument against Corporate Social Responsibility is the inefficient use of resources when employed for other purposes. This is also known as

Accepted Answer

A)  inefficiency 
B)  mismanagement 
C)  misallocation 
D)  misappropriation 
A)  inefficiency 
B)  mismanagement 
C)  misallocation 
D)  misappropriation

Question 7

It is seldom useful to try predicting the response of competitors to emerging threats.

Accepted Answer

A) True 
 B)False

Question 8

One of the mechanisms used to align management interests with those of the shareholders is

Accepted Answer

A)  time off 
B)  bonuses 
C)  stock options 
D)  larger budgets 
A)  time off 
B)  bonuses 
C)  stock options 
D)  larger budgets

Question 9

"We need to control every input to our product" is an example of a management belief that impacts which of the following areas?

Accepted Answer

A)  goals 
B)  product market focus 
C)  value proposition 
D)  core activities 
A)  goals 
B)  product market focus 
C)  value proposition 
D)  core activities

Question 10

The mandate of the Board of Directors is

Accepted Answer

A)  profitability 
B)  shareholder wealth 
C)  regulatory compliance 
D)  corporate governance 
A)  profitability 
B)  shareholder wealth 
C)  regulatory compliance 
D)  corporate governance

Question 11

Internal controls and regulation are low cost substitutes for integrity.

Accepted Answer

A) True 
 B)False

Question 12

Job context defines the scope and nature of a manager's responsibilities.

Accepted Answer

A) True 
 B)False

Question 13

A compromise solution is often used to address moderate conflicts between required and observed managerial preferences.

Accepted Answer

A) True 
 B)False

Question 14

Managerial preferences have an indirect role on the

Accepted Answer

A)  strategic choices 
B)  environmental assessment 
C)  risk levels 
D)  break-even point 
A)  strategic choices 
B)  environmental assessment 
C)  risk levels 
D)  break-even point

Question 15

The objective of management preference analysis is to

Accepted Answer

A)  eliminate inconsistencies between the goals of the firm and managerial inclinations 
B)  resolve conceptual biases 
C)  foster internal commitment to the preferred strategic option 
D)  achieve consistency between the motivations of key managers and strategy 
A)  eliminate inconsistencies between the goals of the firm and managerial inclinations 
B)  resolve conceptual biases 
C)  foster internal commitment to the preferred strategic option 
D)  achieve consistency between the motivations of key managers and strategy

Expecting corporations to address social ills is often countered with the argument based on

Insisting on the need for a brand name is an example of a managerial belief.

Strategic preferences of managers are derived from personal attributes.

If the environment/resources linkage is strong, it is not necessary for a strategy to be consistent with managerial preferences.

Boards of Directors are often not as effective as they might be because the board

An economic argument against Corporate Social Responsibility is the inefficient use of resources when employed for other purposes. This is also known as

It is seldom useful to try predicting the response of competitors to emerging threats.

One of the mechanisms used to align management interests with those of the shareholders is

"We need to control every input to our product" is an example of a management belief that impacts which of the following areas?

The mandate of the Board of Directors is

Internal controls and regulation are low cost substitutes for integrity.

Job context defines the scope and nature of a manager's responsibilities.

A compromise solution is often used to address moderate conflicts between required and observed managerial preferences.

Managerial preferences have an indirect role on the

The objective of management preference analysis is to

A General Management Perspective

Strategy

The Diamond-E Framework

Tools for Environment Analysis

Environment Analysis

Resource Analysis

Strategy and Organization

Strategic Choice

Implementing Strategy Change Agenda and Starting Conditions

Implementing Strategy Guidelines and Action

Filters

Exam 7: Management Preference Analysis

Expecting corporations to address social ills is often countered with the argument based on

Insisting on the need for a brand name is an example of a managerial belief.

Strategic preferences of managers are derived from personal attributes.

If the environment/resources linkage is strong, it is not necessary for a strategy to be consistent with managerial preferences.

Boards of Directors are often not as effective as they might be because the board

An economic argument against Corporate Social Responsibility is the inefficient use of resources when employed for other purposes. This is also known as

It is seldom useful to try predicting the response of competitors to emerging threats.

One of the mechanisms used to align management interests with those of the shareholders is

"We need to control every input to our product" is an example of a management belief that impacts which of the following areas?

The mandate of the Board of Directors is

Internal controls and regulation are low cost substitutes for integrity.

Job context defines the scope and nature of a manager's responsibilities.

A compromise solution is often used to address moderate conflicts between required and observed managerial preferences.

Managerial preferences have an indirect role on the

The objective of management preference analysis is to

A General Management Perspective

Strategy

The Diamond-E Framework

Tools for Environment Analysis

Environment Analysis

Resource Analysis

Strategy and Organization

Strategic Choice

Implementing Strategy Change Agenda and Starting Conditions

Implementing Strategy Guidelines and Action

Filters