Question 1

Managerial actions that support development of an ethical organizational culture include all of the following
EXCEPT

Accepted Answer

Disciplining whistle-blowers goes against the development of an ethical organizational culture as it discourages employees from reporting unethical behavior and creates a culture of fear and silence. The other choices establish expectations for ethical behavior, communicate those expectations, and create a positive work environment.

Question 2

What are organizational controls? Why are strategic controls and financial controls important aspects of the strategic management process?

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Question 3

What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?

Accepted Answer

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Question 4

What is a top management team,and how does it affect a firm's performance and its abilities to innovate and design and implement effective strategic changes?

Accepted Answer

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Question 5

What is strategic leadership,who has primary responsibility for strategic leadership,and what are the five key strategic leadership actions?

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Question 6

The CEO of Icon Image Associates wishes to radically change the corporate culture of the firm. She knows that she must convince others at Icon Image of the necessity for the culture change and gain their active support. The CEO knows that the key players in energizing the culture change and fostering alignment with the new strategic vision are

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Question 7

CEO duality refers to

Accepted Answer

CEO duality refers to the situation where the CEO is also the chairperson of the board of directors, meaning one person holds both roles. This can potentially lead to conflicts of interest and compromise the checks and balances of the company's leadership structure.

Question 8

Exploiting and maintaining core competencies is part of the key strategic leadership action "Effectively Managing the Firm's Resource Portfolio." Which of the following is most important for developing and using core competencies?

Accepted Answer

High-quality human capital is most important for developing and using core competencies as they bring unique skills, knowledge, and expertise to the organization. They are the source of innovation and strategic thinking, crucial in leveraging and maintaining core competencies. Financial assets, transformational leadership, and an ethical organizational culture may be important, but they do not directly contribute to developing and using core competencies.

Question 9

Discuss how the managerial succession process and the composition of the top management team interact to affect strategy.

Accepted Answer

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Question 10

The firm of Bergeron has existed for hundreds of years,having made exquisite clocks and watches. In its advertising it refers to clocks the firm made for such past royalty as Marie Antoinette and the Czars of Russia. Employees are constantly reminded of the firm's rich history and its long tradition of excellence of design and execution. Bergeron is motivating its employees through its

Accepted Answer

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Question 11

Define human capital and its importance to the firm's success.

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Question 12

As a strategic leader,what actions could you take to establish and emphasize ethical practices in your firm?

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Quiz 12: Strategic Leadership

Managerial actions that support development of an ethical organizational culture include all of the following EXCEPT