Organizational Leadership and Strategy Test Preparation
Course Introduction
Organizational Leadership and Strategy explores the principles and practices necessary for leading organizations to success in dynamic and competitive environments. The course examines various leadership styles, effective decision-making processes, and the formulation and implementation of strategic plans. Students will analyze real-world business cases to understand how leaders align organizational resources, motivate teams, and respond to external challenges. By integrating theoretical frameworks with practical applications, participants will develop skills in critical thinking, ethical leadership, and strategic analysis, preparing them to drive organizational growth and transformation.
Recommended Textbook
Strategic Management Creating Competitive Advantages 8th Edition by Gregory Dess
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12 Chapters
1723 Verified Questions
1723 Flashcards
Source URL: https://quizplus.com/study-set/2713
Page 2
Chapter 1: Strategic Management: Creating Competitive Advantages
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174 Verified Questions
174 Flashcards
Source URL: https://quizplus.com/quiz/54121
Sample Questions
Q1) Although such visions cannot be accurately measured by a specific indicator of how well they are being achieved, they do provide a fundamental statement of the __________ of an organization.
A)values, aspirations, and goals
B)expected returns and limitations
C)outstanding debt
D)credibility
Answer: A
Q2) The three interrelated and principal activities of strategic management are: strategy analysis, strategy formulation, and strategy implementation.
A)True
B)False
Answer: True
Q3) Some benefits of sustainability projects include
A)reducing risks.
B)lagging behind regulations.
C)displeasing communities.
D)ignoring employee morale.
Answer: A
Page 3
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Chapter 2: Analyzing the External Environment of the Firm:
Creating Competitive Advantages
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173 Verified Questions
173 Flashcards
Source URL: https://quizplus.com/quiz/54120
Sample Questions
Q1) The Apple iPod was enormously successful due in large part to the company strategy of using
A)substitute products.
B)technical savvy.
C)complementors.
D)sophisticated software.
Answer: C
Q2) PPG Industries has developed four alternative futures based on differing assumptions about two key variables: the cost of energy and the extent of opportunity for growth in emerging markets. This is called demand monitoring.
A)True
B)False
Answer: False
Q3) Code of Ethics guidelines can assist companies in avoiding aggressive competitive intelligence gathering that results from illegal behaviors.
A)True
B)False
Answer: True
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Chapter 3: Assessing the Internal Environment of the Firm
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174 Verified Questions
174 Flashcards
Source URL: https://quizplus.com/quiz/54119
Sample Questions
Q1) The return on assets ratio is used to measure short-term solvency of the firm.
A)True
B)False
Answer: False
Q2) Encyclopedia Britannica lost competitive positioning due to a misunderstanding of the change in competitors, when the CD-based encyclopedia became popular for home computers.
A)True
B)False
Answer: True
Q3) A SWOT analysis alone __________ helps a firm develop competitive advantages that it can sustain over time.
A)usually
B)often
C)rarely
D)regularly
Answer: C
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Chapter 4: Recognizing a Firms Intellectual Assets: Moving
Beyond a Firms Tangible Resources
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173 Verified Questions
173 Flashcards
Source URL: https://quizplus.com/quiz/54118
Sample Questions
Q1) In the current economy, reliance on the three traditional financial statements (income statement, balance sheet, and statement of cash flow) has increased.
A. Howell, an expert on the changing role of finance and accounting, suggests that the big three financial statements are about as useful as an 80-year-old Los Angeles road map.
A)True
B)False
Q2) The Cisco Integrated Workforce Experience (IWE) platform is a social business platform designed to facilitate __________ and __________ collaboration and decentralize decision making.
A)internal; network-side
B)external; personal
C)external; individual
D)internal; external
Q3) Dynamic capabilities do not allow a firm to create a series of temporary advantages through new resource configurations.
A)True B)False
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Chapter 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages
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163 Verified Questions
163 Flashcards
Source URL: https://quizplus.com/quiz/54117
Sample Questions
Q1) Which of the following is not a potential pitfall of an integrated overall low cost and differentiation strategy?
A)Firms that target too large a market that causes unit costs to increase.
B)Firms that underestimate the expenses associated with coordinating value-creating activities in the extended value chain.
C)Firms that fail to attain both strategies may end up with neither and become stuck-in-the-middle.
D)Firms that miscalculate sources of revenue and profit pools in the company industry.
Q2) An important issue in evaluating the sustainability of a unique strategy is whether or not rivals will be able to imitate its strategy or create a viable substitute.
A)True
B)False
Q3) The French automobile maker, Renault, attains competitive advantage by revamping cars to be more cost efficient.
A)True
B)False
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Chapter 6: Corporate-Level Strategy: Creating Value Through Diversification
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114 Verified Questions
114 Flashcards
Source URL: https://quizplus.com/quiz/54116
Sample Questions
Q1) One of the reasons that the Cisco acquisition of the Flip product failed is that the core businesses were very different.
A)True
B)False
Q2) The risks of vertical integration include all of the following except
A)costs and expenses associated with increased overhead and capital expenditures.
B)lack of control over valuable assets.
C)problems associated with unbalanced capacities along the value chain.
D)additional administrative costs associated with managing a more complex set of activities.
Q3) Firms that choose to diversify through internal development must develop _________ that allow them to move __________ from initial opportunity recognition to market introduction.
A)strategies; slowly
B)capabilities; quickly
C)capabilities; slowly
D)strategies; quickly
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Page 8
Chapter 7: International Strategy: Creating Value in Global Markets
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140 Verified Questions
140 Flashcards
Source URL: https://quizplus.com/quiz/54115
Sample Questions
Q1) If the U.S. dollar appreciates relative to foreign currency, what is likely to be the result for the U.S. company that has branches abroad?
A)Profits will increase, when measured in U.S. dollars.
B)Profits will decrease, when measured in U.S. dollars.
C)Foreign exports to the United States will decrease.
D)Foreign demand for U.S. goods and services will decrease.
Q2) The U.S. and Mexico are close geographically and so is the true distance.
A)True
B)False
Q3) A key tenet of a transnational strategy is improved adaptation to all competitive situations as well as flexibility by capitalizing on communication and knowledge flows throughout the organization.
A)True
B)False
Q4) Rivalry is particularly intense in nations with conditions of strong consumer demand, strong supplier bases, and high new-entrant potential from related industries.
A)True
B)False
Page 9
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Chapter 8: Entrepreneurial Strategy and Competitive Dynamics
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115 Verified Questions
115 Flashcards
Source URL: https://quizplus.com/quiz/54114
Sample Questions
Q1) Once an adaptive entrant has achieved initial success, the company is safe from copycat competition.
A)True
B)False
Q2) Unilever has taken a dominant position (65 percent market share) in the Vietnamese laundry detergent market by employing an investment and marketing campaign that decimated the market position of the local, incumbent competitors. According to the Stalk and Lachenauer book, this is an example of ________________ strategy.
A)plagiarize with pride
B)deceive the competition
C)raise competitor costs
D)unleash massive and overwhelming force
Q3) Tuft and Needle makes mattresses, according to Strategy Spotlight 8.5 in the textbook. Which generic strategy most closely represents theirs?
A)differentiation
B)overall cost leadership
C)focus
D)combination
Page 10
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Chapter 9: Strategic Control and Corporate Governance
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116 Verified Questions
116 Flashcards
Source URL: https://quizplus.com/quiz/54113
Sample Questions
Q1) Rules and regulations are examples of ______________ and _____________.
A)controls; behaviors
B)controls; norms
C)boundaries; behaviors
D)boundaries; constraints
Q2) Hiring is important in organizations, especially hiring the right people who already identify with the dominant values of the organization and have attributes that are consistent with them.
A)True
B)False
Q3) The Sarbanes-Oxley Act of 2002 stipulates that executives of a firm will still be able to sell their shares in the firm when other employees cannot.
A)True
B)False
Q4) Informational controls involve the balance and alignment of the culture, rewards, and boundaries of a firm.
A)True
B)False
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11
Chapter 10: Creating Effective Organizational Designs
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121 Verified Questions
121 Flashcards
Source URL: https://quizplus.com/quiz/54112
Sample Questions
Q1) One of the factors that explained the effectiveness of ambidextrous organizational designs in the O'Reilly and Tushman study was that the structure enabled cross-fertilization while avoiding cross contamination in terms of sharing resources.
A)True
B)False
Q2) Which of the following is an advantage of a functional type of organizational structure?
A)Decentralized decision-making enhances an organization-wide perspective across functions.
B)It facilitates the development of general management talent.
C)Pooling of specialists enhances coordination and control.
D)It is easy to establish uniform performance standards.
Q3) Effective ambidextrous organizations have alignment, which means that
A)employees are rewarded according to both profit and sales growth.
B)managers are focused on growth opportunities.
C)there is a clear sense of how value is being created in the short-term and how activities are properly integrated and coordinated.
D)divisional-level goals are consistent with overall corporate goals.
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Chapter 11: Strategic Leadership: Creating a Learning
Organization and an Ethical Organization
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139 Verified Questions
139 Flashcards
Source URL: https://quizplus.com/quiz/54111
Sample Questions
Q1) Research suggests that not all leadership development programs are equally effective. Which of the following is not a common trait shared in all successful development programs?
A)The programs are designed to fit the company overall strategy.
B)The programs combine real-world experiences with classroom activities.
C)The programs identify organizational biases and ways to overcome them.
D)Managers and trainers only assess the impact of the training immediately upon completion.
Q2) Behavioral barriers to change occur because of conflicts between departments, conflicts arising from power relationships, and refusal to share information.
A)True
B)False
Q3) The source of referent power is
A)subordinate identification with the leader.
B)leader identification with the subordinates.
C)derived from the fact that the manager can potentially act as a reference when the employee applies for another job.
D)derived from manager ability to provide effective incentives to employees.
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Chapter 12: Managing Innovation and Fostering Corporate
Entrepreneurship
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121 Verified Questions
121 Flashcards
Source URL: https://quizplus.com/quiz/54110
Sample Questions
Q1) Characteristics of the NVG that Taco Bell used to develop its Waffle Taco include all of the following except:
A)They were charged to craft the next big thing in the industry.
B)The team tried out new recipes daily and had a gym to keep the weight off.
C)The team followed social media and tracked what rivals are doing even taking field trips.
D)The team was independent and not loyal to the Taco Bell drive for taste, value, and speed.
Q2) Which kind of risk taking requires that a company borrow heavily or commit a large portion of its resources in order to grow?
A)business risk taking
B)financial risk taking
C)personal risk taking
D)technological risk taking
Q3) Which of the following do corporate business incubators typically not provide?
A)physical space
B)mentoring
C)funding
D)student interns
14
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