Baruch College, CUNY - BPL 5100 Multiple Choice Answers Latest Test Bank for Chapter 1 to 5, Complete Solution Guide. 2022 update

BPL 5100 Multiple Choice Answers Chapters 1 - 5 Chapter 1 92. The text addresses two perspectives of leadership as well as their implications. These two perspectives are D. romantic and external control. 93. A CEO made a lot of mistakes in assessing the market and the competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the perspective of leadership. B. romantic 94. According to the external control view of leadership, which of the following factors would not be considered an external factor that might positively or negatively affect a firm's success?D. company employee morale 95. Melvin Alexander, executive director of Principled Solutions Enterprise, a management consulting firm specializing in health care, suggests that environmental changes oblige firms to make strategic changes in order to survive. Which of the following is one of the strategic changes he foresees will occur in the next three to five years? A. changes in the behavior of the health care consumers 96. According to the text, the strategic management process entails three ongoing processes. They are B. analyses, decisions, and actions. 97. Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because D. every company is trying to implement them. 98. The organizational versus the individual rationality perspective suggests that objectives that are C. best for a functional area may not be best for the overall organization. 99. The four key attributes of strategic management include the idea that strategy must A. be directed toward overall organizational goals and objectives. 100. The four key attributes of strategic management include all of the following except D.