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Chapter Quiz
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1
In which of the following views of leadership is the leader is seen as the key force in determining the organization's success or lack thereof.
A)internal
B)external
C)romantic
D)personal
2
If competitive advantages are unique, valuable, and difficult for rivals to copy, they are considered to be ______________ over a lengthy period of time.
A)targeted
B)focused
C)popular
D)sustainable
3
Ambidexterity in a strategic context refers to a manager's challenge to balance one's natural instinct to think short-term with a firm's long-term sustainability.
A)True
B)False
4
A good manager cannot be flexible when it comes to sticking to the original plan; to get good results the intended strategy must become the realized strategy.
A)True
B)False
5
Shareholders, management, and the ______ are the primary participants in corporate governance.
A)customers
B)board of directors
C)government officials
D)some lower level employees
6
The role of management is to look upon the various stakeholders as competing for the organization's resources in this view of stakeholder management and is thought to be underlying adversarial union-management negotiations.
A)emergent strategic
B)crowdsourcing
C)zero sum
D)entrepreneurial
7
Fair trade aims to increase the proportion of revenue that goes to poor farmers by paying them higher prices for crops
A)True
B)False
8
Which of the following leader types involved in the strategic management process have little positional power and formal authority, but generate their power through the conviction and clarity of their ideas.
A)executive leaders
B)local line leaders
C)internal networkers
D)triple bottom line advocates
9
________ should change when competitive conditions dramatically change or the firm is faced with new threats or opportunities.
A)Vision statements
B)Strategic objectives
C)Mission statements
D)All of these
10
Which of the following is NOT one of the recommended criteria for strategic objectives?
A)measurable
B)appropriate
C)reliable
D)realistic





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