Strategic Planning & Leadership Flashcards
7 cards from real CBO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Strategic Planning & Leadership flashcards as text
Which type of diversification involves a company entering an industry unrelated to its current business?
Answer: Conglomerate diversification
Conglomerate (unrelated) diversification occurs when a company expands into industries with no operational or strategic connection to its existing business.
A transformational leader primarily motivates followers by:
Answer: Appealing to higher ideals and inspiring a shared vision
Transformational leaders inspire change by appealing to followers' values and vision, elevating motivation beyond simple transactional exchanges.
In a SWOT analysis, a company's aging technology infrastructure would be classified as a:
Answer: Weakness
An aging technology infrastructure is an internal limitation, placing it in the Weakness quadrant of a SWOT analysis.
Strategic control differs from operational control primarily because strategic control:
Answer: Monitors whether the strategy itself remains valid as the environment changes
Strategic control evaluates whether the chosen strategy still fits the evolving competitive environment, not just whether execution meets short-term targets.
Which growth strategy involves a company buying one of its suppliers to control inputs?
Answer: Backward vertical integration
Backward vertical integration occurs when a company acquires or controls its upstream suppliers to secure inputs and reduce dependency.
Emotional intelligence (EQ) is considered critical for effective leadership because it enables leaders to:
Answer: Recognize and manage their own emotions and empathize with others
High EQ allows leaders to regulate their own emotions, empathize with team members, and navigate interpersonal dynamics effectively.
A CBO reviews the company's value chain to find cost reduction opportunities. The value chain concept was introduced by:
Answer: Michael Porter
Michael Porter introduced the value chain framework in his 1985 book 'Competitive Advantage' to analyze primary and support activities that create value.