ACCA Strategic Business Leadership Models 2

Question 1

In the McKinsey 7-S Framework, which two elements are considered the 'hard' elements?

Accepted Answer

Strategy and Structure

Answer

Strategy and Structure are hard elements along with Systems; the remaining four (Skills, Staff, Style, Shared Values) are soft elements.

Question 2

Which Ansoff Matrix quadrant carries the highest risk for an organization?

Accepted Answer

Diversification

Answer

Diversification involves entering new markets with new products, making it the highest-risk strategy since the organization lacks experience in both dimensions.

Question 3

According to Lewin's Force Field Analysis, what must happen for successful change to occur?

Accepted Answer

Driving forces must exceed restraining forces

Answer

Lewin's model holds that change occurs when driving forces collectively outweigh the restraining forces opposing the change.

Question 4

The Balanced Scorecard's 'internal business processes' perspective primarily focuses on which question?

Accepted Answer

What must we excel at?

Answer

The internal business processes perspective asks what the organization must excel at internally to satisfy customers and shareholders.

Question 5

In Tuckman's model of team development, during which stage does conflict typically emerge as team members assert their positions?

Accepted Answer

Storming

Answer

Storming is characterized by interpersonal conflict, power struggles, and challenge of the leader as members compete for roles.

ACCA - Association of Chartered Certified Accountants Practice Test

ACCA - Association of Chartered Certified Accountants Practice Test

ACCA Strategic Business Leadership Models 2