Question 1

As a negotiator, the CEO is usually concerned with all of the following activities except ________.

Accepted Answer

A)  making decisions to acquire or merge with another firm 
B)  selling a major division 
C)  renegotiating a labor contract 
D)  hiring vendors 
A)  making decisions to acquire or merge with another firm 
B)  selling a major division 
C)  renegotiating a labor contract 
D)  hiring vendors

Question 2

Sometimes the parties that exercise significant power over firm decisions don't register as having a significant stake in the firm.

Accepted Answer

A) True 
 B)False

Question 3

Research suggests that stock-option pay induces executives to make decisions aimed at enhancing the firm's long-term performance.

Accepted Answer

A) True 
 B)False

Question 4

According to the trait leadership theory, effective leaders may be classified according to personality differences.

Accepted Answer

A) True 
 B)False

Question 5

Discuss step 1 of stakeholder analysis: Determining Influences on Strategy Formulation.

Accepted Answer

One way to analyze the importance and ro

Question 6

The concept of "toughness" can best be described by which of the following?

Accepted Answer

A)  The leader tends to perceive situations as promising rather than threatening. 
B)  The leader is willing and able to change an organization's strategic course even when it represents a significant change from the traditional way of doing business. 
C)  The leader works to develop a strong strategic plan and empowers the organization to realize this vision. 
D)  The leader develops a coherent plan for executive succession. 
A)  The leader tends to perceive situations as promising rather than threatening. 
B)  The leader is willing and able to change an organization's strategic course even when it represents a significant change from the traditional way of doing business. 
C)  The leader works to develop a strong strategic plan and empowers the organization to realize this vision. 
D)  The leader develops a coherent plan for executive succession.

Question 7

Goals are a broad indication of organizational intentions.

Accepted Answer

A) True 
 B)False

Question 8

All of the following are part of a mission statement except ________.

Accepted Answer

A)  values 
B)  beliefs 
C)  standards of behavior 
D)  long-term action horizons 
A)  values 
B)  beliefs 
C)  standards of behavior 
D)  long-term action horizons

Question 9

Which leadership skills are present in level 1 of the Level 5 Hierarchy?

Accepted Answer

In level 1, leaders must prove that they

Question 10

Improperly executed succession planning can undermine investor confidence and depress company stock prices.

Accepted Answer

A) True 
 B)False

Question 11

Corporate governance is defined as ________.

Accepted Answer

A)  a corporation's group of decision makers 
B)  the roles of owners, directors, and managers in making corporate decisions 
C)  the styles and ways in which corporations are led by CEOs, managers, and supervisors 
D)  lower, middle, and upper level management personnel within a company or organization 
A)  a corporation's group of decision makers 
B)  the roles of owners, directors, and managers in making corporate decisions 
C)  the styles and ways in which corporations are led by CEOs, managers, and supervisors 
D)  lower, middle, and upper level management personnel within a company or organization

Question 12

What are the three criteria required for effective teamwork?

Accepted Answer

Basically, effective teamwork requires t

Question 13

_____ goals serve as an overarching reference point for other goals and objectives.

Accepted Answer

A)  Superordinate 
B)  Subordinate 
C)  Umbrella 
D)  Mission 
A)  Superordinate 
B)  Subordinate 
C)  Umbrella 
D)  Mission

Question 14

The task of managing an overall enterprise and influencing key organizational outcomes is referred to as ________.

Accepted Answer

A)  top management 
B)  stakeholder analysis 
C)  management by objectives 
D)  strategic leadership 
A)  top management 
B)  stakeholder analysis 
C)  management by objectives 
D)  strategic leadership

Question 15

The leader's role of disseminator is best described by which of the following?

Accepted Answer

A)  The executive taps into a network of contacts to collect needed information. 
B)  The executive passes necessary information to external stakeholders. 
C)  The executive passes necessary information to internal stakeholders. 
D)  The executive designs the firm's strategy. 
A)  The executive taps into a network of contacts to collect needed information. 
B)  The executive passes necessary information to external stakeholders. 
C)  The executive passes necessary information to internal stakeholders. 
D)  The executive designs the firm's strategy.

Question 16

Stereotyping means ascribing limiting characteristics to an entire set of people.

Accepted Answer

A) True 
 B)False

Question 17

Strategic purpose is defined as a simplified model of the organization and its future, including anticipated changes in environment.

Accepted Answer

A) True 
 B)False

Question 18

What is the Level 5 Hierarchy?

Accepted Answer

The Level 5 Hierarchy is a mod

Question 19

A firm will use its mission statement to identify certain core concepts that include all but which of the following?

Accepted Answer

A)  values and beliefs 
B)  standards of behavior 
C)  financial standing 
D)  corporate-level aims 
A)  values and beliefs 
B)  standards of behavior 
C)  financial standing 
D)  corporate-level aims

Question 20

Stakeholders are individuals or groups who have an interest in an organization's ability to deliver intended results and maintain the viability of its products and services.

Accepted Answer

A) True 
 B)False

As a negotiator, the CEO is usually concerned with all of the following activities except ________.

Sometimes the parties that exercise significant power over firm decisions don't register as having a significant stake in the firm.

Research suggests that stock-option pay induces executives to make decisions aimed at enhancing the firm's long-term performance.

According to the trait leadership theory, effective leaders may be classified according to personality differences.

Discuss step 1 of stakeholder analysis: Determining Influences on Strategy Formulation.

The concept of "toughness" can best be described by which of the following?

Goals are a broad indication of organizational intentions.

All of the following are part of a mission statement except ________.

Which leadership skills are present in level 1 of the Level 5 Hierarchy?

Improperly executed succession planning can undermine investor confidence and depress company stock prices.

Corporate governance is defined as ________.

What are the three criteria required for effective teamwork?

_____ goals serve as an overarching reference point for other goals and objectives.

The task of managing an overall enterprise and influencing key organizational outcomes is referred to as ________.

The leader's role of disseminator is best described by which of the following?

Stereotyping means ascribing limiting characteristics to an entire set of people.

Strategic purpose is defined as a simplified model of the organization and its future, including anticipated changes in environment.

What is the Level 5 Hierarchy?

A firm will use its mission statement to identify certain core concepts that include all but which of the following?

Stakeholders are individuals or groups who have an interest in an organization's ability to deliver intended results and maintain the viability of its products and services.

Introducing Strategic Management

Examining the Internal Environment: Resources

Exploring the External Environment: Macro Industry and Dynamics

Creating Business Strategies

Crafting Business Strategy of Dynamic Contexts

Developing Corporate Strategy

Looking at International Strategies

Understanding Alliances and Cooperative Strategies

Studying Merges and Acquisitions

Organizational Structure, Systems, and Processes

Considering New Ventures and Corporate Renewal

Corporate Governance in the Twenty-First Century

Filters

Exam 2: Leading Strategically Through Effective Vision and Mission

As a negotiator, the CEO is usually concerned with all of the following activities except ________.

Sometimes the parties that exercise significant power over firm decisions don't register as having a significant stake in the firm.

Research suggests that stock-option pay induces executives to make decisions aimed at enhancing the firm's long-term performance.

According to the trait leadership theory, effective leaders may be classified according to personality differences.

Discuss step 1 of stakeholder analysis: Determining Influences on Strategy Formulation.

The concept of "toughness" can best be described by which of the following?

Goals are a broad indication of organizational intentions.

All of the following are part of a mission statement except ________.

Which leadership skills are present in level 1 of the Level 5 Hierarchy?

Improperly executed succession planning can undermine investor confidence and depress company stock prices.

Corporate governance is defined as ________.

What are the three criteria required for effective teamwork?

_____ goals serve as an overarching reference point for other goals and objectives.

The task of managing an overall enterprise and influencing key organizational outcomes is referred to as ________.

The leader's role of disseminator is best described by which of the following?

Stereotyping means ascribing limiting characteristics to an entire set of people.

Strategic purpose is defined as a simplified model of the organization and its future, including anticipated changes in environment.

What is the Level 5 Hierarchy?

A firm will use its mission statement to identify certain core concepts that include all but which of the following?

Stakeholders are individuals or groups who have an interest in an organization's ability to deliver intended results and maintain the viability of its products and services.

Introducing Strategic Management

Examining the Internal Environment: Resources

Exploring the External Environment: Macro Industry and Dynamics

Creating Business Strategies

Crafting Business Strategy of Dynamic Contexts

Developing Corporate Strategy

Looking at International Strategies

Understanding Alliances and Cooperative Strategies

Studying Merges and Acquisitions

Organizational Structure, Systems, and Processes

Considering New Ventures and Corporate Renewal

Corporate Governance in the Twenty-First Century

Filters