The board of directors is deciding who the new CEO should be for a company. It has narrowed the candidates down to two highly credentialed individuals. Steve is known to be harsh but fair. He is a p ...

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The board of directors is deciding who the new CEO should be for a company. It has
narrowed the candidates down to two highly credentialed individuals. Steve is known
to be harsh but fair. He is a proven CEO and has driven companies to success quickly.
Kim, the other candidate, is known to be a "people person" with a high emotional
intelligence. In the past she has demonstrated success building company culture to
achieve great results. Knowing this, which candidate should the company choose if it
is seeking to motivate its employees?
a. Kim, because she is a transformational leader
b. Kim, because she is easier to like
c. Steve, because he is known to be successful
d. Steve, because a CEO needs to be harsh to be effective
A technology firm has had some issues in its decision making. The company is the
leader in innovation and is always ahead of the curve on technological advances. But
the business struggles with operations and marketing decisions. The leadership team
is the same group of five people that started in a garage after meeting in a computer
science class. What would you suggest to this company?
a. Create a more homogeneous top management team.
b. Create a more heterogeneous top management team.
c. Leave all decision making to a single leader.
d. Continue operations as is.
A CEO has just resigned and quickly vacated his role for a more lucrative
opportunity. The company, with the rapid change, is in limbo and needs
leadership. What is the board of directors' next logical action?
a. Cautiously hiring a CEO

b. Rapidly hiring a CEO
c. Hiring an external interim CEO
d. Hiring an internal interim CEO
_____ is the ability to anticipate, envision, maintain flexibility, and empower others
to create strategic change as necessary.
a. Strategic power
b. Strategic leadership
c. Influence
d. Teamwork
A firm is struggling with the behavior of its employees. There have been reports of
ethically questionable behavior. When asking some employees about their motives for
these actions, a common theme was uncovered. They were cutting corners to hit their
performance numbers. The firm now wants to focus on ethical behavior and shift
organizational culture. The company distributes emails from HR about appropriate
behavior and ethics and hosts a series of office workshops on ethics. This firm is
attempting to become a(n) _____ culture.
a. performance-based
b. values-based
c. self-serving
d. ethics-based

Which of the following involves specifying the vision and the strategy to achieve the
vision?
a. Determining strategic direction
b. Corporate governance
c. Strategic planning
d. Vision planning
A fashion apparel company has seen much success over the years. For almost a
decade, it seems to have perfected the formula for success. The tenured CEO of 12
years has developed a strategy, and this success has become her career "legacy."
Recently, the company has seen its growth slow. The year-to-year profit growth is also
leveling out. The cu