Multiple Choice
Identify the
letter of the choice that best completes the statement or answers the question.
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1.
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By
what means should an organization measure its performance? a. | Efficiency | b. | Effectiveness | c. | Economy,
efficiency, and effectiveness | d. | Efficiency and effectiveness | e. | Economy | | |
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2.
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Which
of these statements best describes all the benefits a company can derive from analyzing its financial
performance? a. | It can make
comparisons with competitors, reveal lost profit and growth potential, emphasize possible dangers and
enable a study of trends and progress | b. | It can make comparisons with competitors, reveal lost profit
and growth potential and isolate neglected market sectors | c. | It can reveal
lost profit and growth potential, emphasize possible dangers and isolate neglected market
segments | d. | It can make comparisons with competitors, reveal lost profit
and growth potential and reveal possible trends in the development of the company's share
price | | |
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3.
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According to Schein (1985), what are the levels that make up a company's
culture? a. | Artifacts,
values, underlying assumptions, and behaviors | b. | Artifacts,
values, and underlying assumptions | c. | Artifacts, communications, underlying assumptions, and
behaviors | d. | Values, communications, and underlying
assumptions | | |
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4.
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In
order for a culture to generate success, what does it need to be? a. | Stable and
secure | b. | Flexible and adaptive | c. | Innovative and
resourceful | d. | Flexible and resourceful | | |
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5.
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Which
of the following would a market-driven business most likely be? a. | Competitive | b. | Efficient | c. | Flexible | d. | Resourceful | e. | Effective | | |
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6.
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According to Sir Allen Shepherd what is the task of corporate
leadership? a. | To apply energy
and judgement to the corporate culture to ensure its relevance | b. | To apply energy
and judgement to the corporate culture to ensure its stability | c. | To apply energy
and judgement to the corporate culture to ensure its continuity | d. | To apply energy
and judgement to the corporate culture to ensure its productivity | | |
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7.
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According to Press (1990), what are the four discrete philosophies upon which an
organization's culture can be based? a. | The resource focus, the product focus, the shareholder focus
and the people focus | b. | The product focus, the shareholder focus, the people focus and
the market focus | c. | The resource focus, the shareholder focus, the people focus and
the market focus | d. | The shareholder focus, the people focus, the product focus and
the market focus | | |
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8.
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What
or who are Reactors? a. | Innovative and entrepreneurial
organizations | b. | Organizations which follow industry
trends | c. | Conservative and low risk
organizations | d. | Organizations with limited change and measured
steps | | |
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9.
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Kets
de Vries (1996) suggested strategic leaders have two key roles to play. Which two roles are
they? a. | Transformational
and Effective | b. | Charismatic and Effective | c. | Transformational
and Charismatic | d. | Architectural and Effective | e. | Charismatic and
Architectural | | |
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10.
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What
form of strategy formation would be expected to be found in Defender organizations? a. | Formal
planning | b. | Visionary | c. | Adaptive | d. | Incremental | | |
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