Glo-Bus Exam 2
T/F 1) Executives whose visions and decisions help their companies achieve
competitive advantage can be considered strategic leaders. - ANS-T
T/F 2) Strategic leaders spend the majority of their time working alone to devise new
strategies. - ANS-F
T/F 3) A surprise event that leads to a change in strategic initiatives, such as the
accidental discovery of a new use for an existing product, is known as serendipity. -
ANS-T
T/F 4) Because they are a crucial component of a firm''s success, customers are
considered internal stakeholders. - ANS-F
T/F 5) Under the strategy as a planned emergence model, even entry-level employees
can help generate strategic initiatives. - ANS-T
6) As the CEO of a conglomerate, Eva Morris exhibited her strong commitment toward
the company''s core value that customers'' well-being is more important than profit when
she convinced the board of directors to liquidate the company''s pesticide subsidiary.
The pesticide brand sold by her company was a major revenue earner in
lesser-developed nations, but studies indicate that it is a carcinogen. Eva persuaded the
board that the company had to be responsible toward society. In this scenario, Eva has
demonstrated
A) strategic leadership.
B) intrapreneurship.
C) Machiavellianism.
D) individualism. - ANS-A
7) Strategic leadership pertains to the use of power and influence by ________ to direct
the activities of others when pursuing an organization''s goals.
A) production workers
B) lower-level managers
C) external stakeholders
D) corporate executives - ANS-D
, 8) Yuki is part of a sales team. He effectively coordinates his tasks with others in the
team and willingly contributes to their efforts in achieving the team''s objectives. Thus,
Yuki is in ________ of the Level-5 leadership pyramid.
A) Level 5
B) Level 4
C) Level 3
D) Level 2 - ANS-D
9) Trung has been an employee with PureEnergy Inc. for 15 years. He started with an
entry-level job, and today he is a manager of an entire division. Over the years, Trung
has acquired a reputation for doing the right things in the company. Hence, as an
efficient leader, he is capable of effectively communicating and motivating his
subordinates to work toward the company''s vision and mission. According to the
Level-5 leadership pyramid, which is the highest level of leadership Trung has reached
so far?
A) Level 5
B) Level 4
C) Level 3
D) Level 2 - ANS-B
10) Which of the following best describes a Level 5 manager in the Level-5 leadership
pyramid?
A) Connie is an employee who just started her career at DK Inc.; she has already been
appreciated for her knowledge and skills in the new company.
B) Dmitri is an employee at Infinite Circle Inc.; he has helped his team achieve their
targets by contributing to the team''s efforts.
C) Luigi is part of the marketing team at RT Corp.; he has been given the charge of
managing a team of three, so he will be promoted to a manager''s position next month.
D) Asoka is the CEO of Green Machines Inc.; he has helped his company in gaining
and sustaining a competitive advantage through ethical decision making. - ANS-D
11) Which of the following summarizes the difference between corporate strategy and
business strategy?
A) Corporate strategy deals with how to compete; business strategy deals with where to
compete.
T/F 1) Executives whose visions and decisions help their companies achieve
competitive advantage can be considered strategic leaders. - ANS-T
T/F 2) Strategic leaders spend the majority of their time working alone to devise new
strategies. - ANS-F
T/F 3) A surprise event that leads to a change in strategic initiatives, such as the
accidental discovery of a new use for an existing product, is known as serendipity. -
ANS-T
T/F 4) Because they are a crucial component of a firm''s success, customers are
considered internal stakeholders. - ANS-F
T/F 5) Under the strategy as a planned emergence model, even entry-level employees
can help generate strategic initiatives. - ANS-T
6) As the CEO of a conglomerate, Eva Morris exhibited her strong commitment toward
the company''s core value that customers'' well-being is more important than profit when
she convinced the board of directors to liquidate the company''s pesticide subsidiary.
The pesticide brand sold by her company was a major revenue earner in
lesser-developed nations, but studies indicate that it is a carcinogen. Eva persuaded the
board that the company had to be responsible toward society. In this scenario, Eva has
demonstrated
A) strategic leadership.
B) intrapreneurship.
C) Machiavellianism.
D) individualism. - ANS-A
7) Strategic leadership pertains to the use of power and influence by ________ to direct
the activities of others when pursuing an organization''s goals.
A) production workers
B) lower-level managers
C) external stakeholders
D) corporate executives - ANS-D
, 8) Yuki is part of a sales team. He effectively coordinates his tasks with others in the
team and willingly contributes to their efforts in achieving the team''s objectives. Thus,
Yuki is in ________ of the Level-5 leadership pyramid.
A) Level 5
B) Level 4
C) Level 3
D) Level 2 - ANS-D
9) Trung has been an employee with PureEnergy Inc. for 15 years. He started with an
entry-level job, and today he is a manager of an entire division. Over the years, Trung
has acquired a reputation for doing the right things in the company. Hence, as an
efficient leader, he is capable of effectively communicating and motivating his
subordinates to work toward the company''s vision and mission. According to the
Level-5 leadership pyramid, which is the highest level of leadership Trung has reached
so far?
A) Level 5
B) Level 4
C) Level 3
D) Level 2 - ANS-B
10) Which of the following best describes a Level 5 manager in the Level-5 leadership
pyramid?
A) Connie is an employee who just started her career at DK Inc.; she has already been
appreciated for her knowledge and skills in the new company.
B) Dmitri is an employee at Infinite Circle Inc.; he has helped his team achieve their
targets by contributing to the team''s efforts.
C) Luigi is part of the marketing team at RT Corp.; he has been given the charge of
managing a team of three, so he will be promoted to a manager''s position next month.
D) Asoka is the CEO of Green Machines Inc.; he has helped his company in gaining
and sustaining a competitive advantage through ethical decision making. - ANS-D
11) Which of the following summarizes the difference between corporate strategy and
business strategy?
A) Corporate strategy deals with how to compete; business strategy deals with where to
compete.
