2/ A Level 4 leader A. builds enduring greatness. B. can only do things right but...
2/ A Level 4 leader
A. builds enduring greatness.
B. can only do things right but not the right things.
C. presents a compelling vision and mission to guide groups toward superior performance.
D. is not very effective.
3/ Business strategy
A. occurs within strategic business units.
B. relates to where to compete as to markets and geography.
C. concerns the question of how to implement a chosen strategy .
D. only concerns strategy formulation
.
4/ Which is not part of the strategic management process?
A. Scenario Planning.
B. Strategic Planning.
C. Scenario emergence.
D. Strategy as planned emergence.
5/ Stakeholders
A. can only be internal to an organization.
B. can only be external to an organization.
C. are not that important when a firm is just starting up.
D. are organizations, groups, and individuals that can affect or be affected by a firm's actions.
Homework Answers
Answer 2: Option C
Explanation: A level four leader works in the top most position in the firm. He presents a compelling vision and mission to guide groups toward superior performance.
Answer 3: Option B
Explanation: A business strategy is related to how to compete in various markets and geographies.
Answer 4: Option C
Explanation: Scenario emergence is not a part of strategic management.
Answer 5: Option D
Explanation: Stakeholders are organizations, groups, and individuals that can affect or be affected by a firm's actions.
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