Exam 12: Strategic Leadership

The most effective leadership style is __________ leadership.

Pat is a strategic leader at Moricon.Pat's team is developing new internal auditing practices to be implemented at Moricon.Pat has assigned one member of the team to ensure that the new procedures are consistent with the firm's ethical standards.Pat is taking action that supports what?

The more homogeneous a top management team, the more likely those managers will be innovative and willing to pursue strategic change.

The balanced scorecard's perspective on learning and growth is intended to improve the firm's ability to innovate.

Which of the following statements about CEO duality is false?

Criteria such as asset utilization improvements and changes in employee turnover rates are part of the internal business processes perspective of the balanced scorecard.

The CEO of YorkMark, Inc., has an exceptional amount of power in the organization.It is likely the board of directors is composed of sympathetic outside members and insiders who report to the CEO.

Actions that effective strategic leaders can take to develop an ethical organizational culture include all of the following EXCEPT:

Competitive aggressiveness, proactiveness, risk aversion, innovativeness, and autonomy are the five dimensions characterizing the entrepreneurial mind-set.

Selection of an insider as a new CEO indicates a firm's desire to encourage innovation and strategic change.

The goal of investing in human capital is to:

Which candidate for the position of CEO provides the best opportunity for strategic change to occur within the firm?

Sony previously selected Sir Howard Stringer as CEO.Sir Howard was not Japanese and he was not a Sony employee before his selection.Which of the following statements is false?

Which of the following is NOT a factor that determines the amount of a manager's decision discretion?

Omicron Artificial Intelligence is able to respond quickly to competitors' actions and to opportunities in the marketplace, which gives it a competitive advantage.This is an example of:

Which of the following will increase the probability that a lower-level manager will become a successful strategic leader?

Which of the following factors most encourages stability in a firm's strategy?

Members with substantive expertise in the firm's core functions and businesses aid the effectiveness of the top management team.

Which of the following is NOT associated with heterogeneous top management teams?

Billy Kroghmen is the son of a very prominent Fortune 500 CEO.Billy has had troubles.He failed out of multiple colleges, universities, and correspondence schools.He finally received his undergraduate degree from a university with only a post office box for an address.He then enrolled in the school's combined graduate accounting and law school programs, graduating with honors and degrees in both areas.After graduation, he twice failed both the CPA and bar exams, managing to set record low scores on the ethics portions of both.Despite these academic setbacks, Billy's career now seems to be thriving.He has been appointed to a number of "blue ribbon" government committees and is on the board of directors of two corporations and one prestigious not-for-profit organization.In at least one instance, a donor credited Billy with the idea for making a large contribution to the not-for-profit.Widespread speculation is that his career advancement is based largely on social relationships through friends and family.We would classify Billy as __________ on __________ capital, and __________ on __________ capital.