Quiz 4 2017, questions and answers PDF

Preview

Summary

Download Quiz 4 2017, questions and answers PDF

Description

1. Stakeholder analysis may also enable managers to identify other parties that might support wellformulated strategies. True False 2. Mission and vision both relate to an organization’s purpose and are typically communicated orally. True False 3. Good vision statements need to create some dissonance with the status quo of an organization. True False 4. Consciously creating an environment where passion is both encouraged and developed starts at the top through the communication of mission and vision. True False 5. According to the principles of visionary leadership, the essentials for successful revolution include all EXCEPT: a. Physical systems b. Cultural systems c. Organizational systems d. Behavioral systems 6. The monitoring step of the mission and vision statements development process is analogous to which step of the principles of management framework? a. Planning b. Organizing c. Leading d. Controlling 7. The communication step of the mission and vision statements development process is analogous to which step in the principles of management framework: a. Planning b. Organizing c. Leading d. Controlling 8. The supplies needed for nominal group technique includes all EXCEPT: a. Flip chart b. Masking tape c. 3x5 cards for each participant d. A computer 9. Strategy encourages actions that support the culture of the organization. True False

10. Organizational design is used to match the form of the organization as closely as possible to the vision of the organization. True False 11. The four categories of stakeholders of a firm are: a. Organizational, capital market, product market and social b. Organizational capital market, employee market and environmental market c. Capital market, product market, employee market and social market d. Product market, social market, employee market and environmental market 12. Lateral thinking can generate completely new concepts and ideas, and brilliant improvements to existing systems. True False 13. Human resources management alignment means: a. To integrate employees with goals, mission and vision b. To integrate HR with the culture of the organization c. To integrate decisions about people with decisions about the results of an organization d. Integrate management and employee performance goals 14. Customers, employees, and investors are the stakeholders most often emphasized in the mission statements. True False 15. Firms with clearly communicated, widely understood and collectively shared mission and vision have been shown: a. To create and advance technology b. Embrace diversity c. Perform better than those without them d. Employ a smarter workforce 16. The content of the mission and vision statements process is analogous to which step in the principles of management framework: a. Planning b. Organizing c. Leading d. Controlling 17. Mission and vision statements are designed to provide a statement of justification for existence to an organization. True False

18. Mission and vision development are analogous to which step in the principles of management framework: a. Planning b. Organizing c. Leading d. Controlling 19. A useful personal mission and vision statement should include all of the following EXCEPT: a. What you wish to accomplish b. What you would like to contribute c. What qualities you would like to develop d. What career you would like to take 20. Organizations that successfully align human resources management with mission and vision accomplishment do so by integrating SHRM into the organizing process. True False 21. Firms rely on bottom-up innovation processes to communicate a strategy because of all of the following EXCEPT: a. Communicating upward means that someone has championed the vision internally b. Top management sees the merits and feasibility of the strategy already c. Middle-level and division managers are empowered to take ownership and propose new strategies d. Communicating upward means that the support of the people needed to implement the strategy is accomplished 22. Mission and vision play a prominent role in the planning facet of the P-O-L-C framework. True False 23. A stakeholder group composed of the CEO and members of the top management team is considered an important stakeholder group for all of the following reasons EXCEPT: a. Its influence as either originator or steward of the organization’s mission and vision b. Its responsibility for formulating a strategy that realizes the mission and vision c. Its power and influence in the organization d. Its ultimate role in strategy implementation 24. Creativity and passion can influence the organization’s strategy. True False 25. The degree to which a stakeholder is affected by a firm’s decisions is sometimes correlated with their power and influence over the decision. True False

Answers: 1. The correct answer is 'False'. 2. The correct answer is 'False'. 3. The correct answer is 'True'. 4. The correct answer is 'True'. 5. The correct answer is: Cultural systems 6. The correct answer is: Controlling 7. The correct answer is: Leading 8. The correct answer is: A computer 9. The correct answer is 'False'. 10. The correct answer is 'False'. 11. The correct answer is: Organizational, capital market, product market and social 12. The correct answer is 'True'. 13. The correct answer is: To integrate decisions about people with decisions about the results of an organization 14. The correct answer is 'True'. 15. The correct answer is: Perform better than those without them 16. The correct answer is: Organizing 17. The correct answer is 'False'. 18. The correct answer is: Planning 19. The correct answer is: What career you would like to take 20. The correct answer is 'False'. 21. The correct answer is: Communicating upward means that the support of the people needed to implement the strategy is accomplished 22. The correct answer is 'True'. 23. The correct answer is: Its power and influence in the organization 24. The correct answer is 'False'. 25. The correct answer is 'True'....