Exam 2: Leading Strategically Through Effective Vision and Mission

The trait that can lead people to give themselves more credit for their successes and take less responsibility for their failures is ________.

How can firms achieve strategic coherence?

As spokespersons, CEOs perform such communication tasks as lobbying, public relations, and ________.

An executive team can accommodate diverse input while acting as an integrated unit.

Which of the following best describes level 2 of the Level 5 Hierarchy?

Social stakeholders include all of the following except ________.

Strategy is the central, integrated, externally oriented concept of how the firm will ________.

Stakeholder analysis allows managers to gain a better understanding of the groups and individuals who have a vested interest in the firm's strategy and some influence on the firm's performance.

The terms vision and mission may be used interchangeably.

Vision is a simple statement or understanding of what the firm will be in the future.

How does the text define strategic leadership?

Explain the five levels of the Level 5 Hierarchy.

Superior executives are distinguished by a talent for ________.

Firms increasingly seek competitive advantage through the quality of their ________.

According to the text, leadership can best be defined as which of the following?

If uncertainty or a lack of information makes someone uncomfortable, he or she is probably ________.

Within an organization, the disseminator and spokesperson can be the same person.

Leaders' information roles include those of monitor, disseminator, and spokesperson.

People with ethnocentrism believe that their ethnic group is superior to all others.

Typically, stakeholder evaluation of both quantitative and qualitative performance outcomes determines whether strategic leadership is effective.