Executive Leadership
Textbook Exam Questions
Course Introduction
Executive Leadership explores the theories, practices, and challenges of leading organizations at the senior level. The course examines effective decision-making, strategic vision, organizational transformation, and ethical leadership, while emphasizing the development of critical skills such as communication, influence, and team building. Through case studies, self-assessment, and experiential learning, students gain insight into their leadership style and learn to navigate complex environments, foster innovation, and drive sustainable organizational success.
Recommended Textbook
Strategic Management Creating Competitive Advantages 9th Edition by Gregory G Dess Dr
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12 Chapters
1223 Verified Questions
1223 Flashcards
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Page 2
Chapter 1: Strategic Management: Creating Competitive Advantages
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106 Verified Questions
106 Flashcards
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Sample Questions
Q1) Executive leaders champion and guide ideas by
A) reinforcing ideas that did not work.
B) creating a learning infrastructure.
C) validating their formal authority.
D) increasing their personal power.
Answer: B
Q2) Community stakeholders are concerned primarily with A) product warranties.
B) corporate citizenship behavior.
C) capital appreciation.
D) repayment of principal.
Answer: B
Q3) Entering foreign markets requires firms to ascertain foremost how they will attain A) market share.
B) low costs.
C) competitive advantage.
D) low returns on investment.
Answer: C
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Chapter 2: Analyzing the External Environment of the Firm:
Creating Competitive Advantages
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114 Verified Questions
114 Flashcards
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Sample Questions
Q1) The Porter five-forces model is designed to help us understand how social attitudes and cultural values impact U.S.businesses.
A)True
B)False
Answer: False
Q2) In some industries,low switching costs can act as an important barrier to entry.
A)True
B)False
Answer: False
Q3) Which of the following is not an example of corporate competitive intelligence?
A) banks tracking home loans
B) airlines changing hundreds of fares daily in response to competitor tactics
C) consumers comparing product offers online
D) car manufacturers offering sales incentives based on rival offers
Answer: C
Q4) Ted Turner saw the potential of 24-hour news before anyone else.This is an example of perceptual acuity.
A)True
B)False Answer: True
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Chapter 3: Assessing the Internal Environment of the Firm
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109 Verified Questions
109 Flashcards
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Sample Questions
Q1) In the resource-based view of the firm,examples of tangible resources include
A) financial resources, human resources, and firm competencies.
B) financial resources, physical resources, and technological resources.
C) financial resources, physical resources, and the capacity to combine intangible resources.
D) outstanding customer service, innovativeness of products, and reputation.
Answer: B
Q2) According to value-chain analysis,which of the following would be considered part of the general administration in a firm?
A) information systems
B) technology development
C) human resource management
D) procurement
Answer: A
Q3) Some leading-edge companies are applying the prosumer concept.Here,firms team up with their suppliers and alliance partners to satisfy their customer needs.
A)True
B)False
Answer: False
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Page 5
Chapter 4: Recognizing a Firm's Intellectual Assets: Moving
Beyond a Firm's Tangible Resources
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112 Flashcards
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Sample Questions
Q1) Social network analysis is helpful because the configuration of the group member social ties within and outside the group affects the extent to which members connect to individuals who do all of the following except A) convey needed resources.
B) have the opportunity to exchange information and support.
C) ensure that everyone has the same perspective on strategic and operational issues. D) have the motivation to treat each other in positive ways.
Q2) It is anticipated that the worldwide shortage of highly skilled,college-educated workers will increase significantly by 2020,according to research by McKinsey Global Institute.Some companies are going as far as to redefine the jobs of their experts and are transferring some of their tasks to lower-skilled people inside and outside of their companies.By redefining these ________ knowledge jobs,they address ________ shortages and ________ costs while enhancing job satisfaction.
A) high-value; skill; lower B) low-value; monetary; decrease C) high-value; personnel; increase D) high-value; skill; increase
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Chapter 5: Business-level Strategy: Creating and Sustaining Competitive Advantages
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105 Verified Questions
105 Flashcards
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Sample Questions
Q1) Hardware chains such as Ace and True Value are losing market share to rivals such as Lowe's and Home Depot in spite of them using a focus strategy.Why?
A) Achieving parity on costs for specialty retailers is difficult.
B) They have too broad a product line.
C) They have equivalent purchasing power as the national chains.
D) Their costs are the same as those of the national chains.
Q2) Underestimating expenses associated with coordinating value-creating activities in the extended value chain can be a result of ________ integration of cost leadership and differentiation.
A) good
B) poor
C) intentional
D) structured
Q3) A firm can achieve differentiation through all the following means except
A) improving brand image.
B) offering lower prices to frequent customers.
C) better customer service.
D) adding additional product features.
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Chapter 6: Corporate-level Strategy: Creating Value Through Diversification
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102 Verified Questions
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Sample Questions
Q1) Portfolio management matrices are applied to what level of strategy?
A) departmental level
B) business level
C) corporate level
D) international level
Q2) According to BNP Paribas chief economist,Julia Coronado,when businesses feel confident about the future they are more aggressive in looking for ways to grow and expand their operations.You would expect the volume of mergers and acquisitions to ________ during this period.
A) decrease
B) remain stagnant
C) increase
D) fluctuate downward
Q3) Proctor and Gamble is a large multinational organization that has many business sharing distribution resources.Diversification strategies take advantage of the ________ that exist in their organization.
A) costs
B) employees
C) discontinuities
D) synergies
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Chapter 7: International Strategy: Creating Value in Global Markets
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107 Verified Questions
107 Flashcards
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Sample Questions
Q1) The trend towards worldwide markets makes it easier to predict where competitors will spring up.
A)True
B)False
Q2) In a world of instant communication,rapid transportation,and governments that are increasingly willing to open up their markets to trade and investment,why are there so few global firms?
Q3) The most expensive and risky entry mode is
A) wholly owned subsidiaries.
B) joint ventures.
C) franchising.
D) strategic alliances.
Q4) In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political,economic,and other risks that entrants to international markets potentially face,which of the following countries have the next to the lowest country political risk?
A) Libya and Argentina
B) Singapore and Hong Kong
C) Norway and Canada
D) China and Bahrain
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Chapter 8: Entrepreneurial Strategy and Competitive Dynamics
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) The business-to-business cleaning supply company,Ecolab,encouraged a leading competitor,Diversity,to adopt a strategy to go after low-volume,high-margin customers.What Ecolab knew that Diversity did not is that the high servicing costs involved with the segment makes it unprofitable.Ecolab bid high enough to lose the contracts to Diversity but low enough to ensure that Diversity lost money.According to the Stalk and Lachenauer book,this is an example of the strategy to
A) plagiarize with pride.
B) deceive the competition.
C) raise competitor costs.
D) unleash massive and overwhelming force.
Q2) When a company chooses to use guerrilla marketing,it is using a ________ competitive action.
A) strategic
B) tactical
C) focused advantage
D) differentiated
Q3) The likelihood that a competitor will launch an attack depends upon many factors.Discuss threat analysis and how it is used.
Q4) Explain what a pioneering new entry means and when it is appropriate to use it.
Page 10
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Chapter 9: Strategic Control and Corporate Governance
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Sample Questions
Q1) Which of the following is not a characteristic of effective reward and incentive systems?
A) Performance measures are clear and highly visible.
B) The structure is fixed to assure employees of consistency.
C) The compensation system is perceived as fair and equitable.
D) Objectives are well understood, and broadly accepted.
Q2) CEO duality refers to a situation in which the CEO
A) formulates and implements strategies.
B) serves as both the CEO and the chair of the board of directors.
C) is responsible for acting as CEO and serving on the compensation committee.
D) is responsible for acting as CEO and Chief Operating Officer (COO).
Q3) In contemporary control systems,data and information generated are best interpreted and discussed in online forums,in order to have traceability of the discussion.
A)True
B)False
Q4) Effectively implementing strategy requires manipulating three key control levers: culture,rewards,and boundaries.What are the compelling reasons for an increased emphasis on culture and rewards in a system of behavior controls?
Q5) When would single-loop control systems be most appropriate?
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Chapter 10: Creating Effective Organizational Designs
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Sample Questions
Q1) One of the reasons that Asian conglomerate business groups continue to grow and those in the United States are seen to be unfocused and unlikely to succeed is that
A) Asian conglomerates have a single corporation with a wide set of wholly owned subsidiaries.
B) U.S. conglomerates are made up of a set of legally separate corporations, each with its own board of directors and shareholders.
C) Asian conglomerates are made up of a set of legally separate corporations, each with its own board of directors and shareholders.
D) Asian conglomerates are structured similarly to those in the United States and Europe.
Q2) The most appropriate type of organizational structure to select is dependent upon the product or service the company provides.
A)True
B)False
Q3) Discuss the advantages and disadvantages of a simple organizational structure.
Q4) Discuss the three major contingencies that influence the chosen organizational structure as a firm expands into foreign markets.
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Chapter 11: Strategic Leadership: Creating a Learning
Organization and an Ethical Organization
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104 Verified Questions
104 Flashcards
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Sample Questions
Q1) Fisk Johnson is the fifth generation CEO of the family firm,SC Johnson.The combination of the ________,its ________,and its story-driven culture reinforce the willingness of the firm to lead the market in environmental awareness.
A) ownership structure of the firm, strong leader
B) listing of fragrances, financial awareness
C) ownership structure of the firm, employee union
D) employee participation, weak leadership
Q2) Explain why the leadership activities of (1)setting a direction,(2)designing the organization,and (3)nurturing a culture dedicated to excellence and ethical behavior are independent.
Q3) According to the former CEO of Hanover Insurance,learning organizations require that everyone feels and supports a compelling purpose.What is the most difficult aspect of creating this learning organization?
A) Communicating an image of the future that draws people in and speaks to them
B) Putting systems in place for training
C) Find the resources for the necessary educational training
D) Getting the shareholders to agree with the CEO
Q4) What is the difference between individual ethics and organizational ethics?
Page 13
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Chapter 12: Managing Innovation and Fostering Corporate
Entrepreneurship
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93 Verified Questions
93 Flashcards
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Sample Questions
Q1) Intel uses a forecasting model for potential demand for its chip designs in which they calculate the likelihood of a range of potential demand levels and they established a computer simulation of a production plant.From these models,they gather the information to identify what equipment they definitely will need to order.This helps with pricing as well.What kind of investment analysis tool are they using?
A) inventory analysis
B) financial analysis
C) real options analysis
D) break-even analysis
Q2) Product innovations are commonly associated with a differentiation strategy.
A)True
B)False
Q3) If not all corporate venture efforts are financially rewarding,how else might they be evaluated?
Q4) Which of the following do corporate business incubators typically not provide?
A) physical space
B) mentoring
C) funding
D) student interns
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