DBA Strategic Leadership and Organizational Change 3

Question 1

What is 'organizational culture' according to Schein's model?

Accepted Answer

A pattern of shared basic assumptions learned by a group as it solves problems of external adaptation and internal integration

Answer

The company's branding strategy

Answer

The formal organizational chart

Answer

The employee handbook

Question 2

In corporate governance, what is the primary role of a board of directors in a US public company?

Accepted Answer

Overseeing management on behalf of shareholders and ensuring accountability

Answer

Day-to-day operations management

Answer

Setting individual employee salaries

Answer

Managing customer relationships

Question 3

Which concept describes the tendency for groups to make riskier or more extreme decisions than individuals would make alone?

Accepted Answer

Group polarization

Answer

Anchoring bias

Answer

Groupthink

Answer

Herd mentality

Question 4

What does 'Blue Ocean Strategy' advocate?

Accepted Answer

Creating uncontested market space by making competition irrelevant through innovation

Answer

Competing aggressively in high-demand markets

Answer

Focusing solely on cost reduction

Answer

Imitating the strategies of industry leaders

Question 5

Which leadership competency involves recognizing and managing one's own emotions and understanding others' emotions?

Accepted Answer

Emotional intelligence (EQ)

Answer

Technical intelligence

Answer

Analytical intelligence

Answer

Competitive intelligence

Question 6

In US business strategy, what is a 'core competency' as defined by Prahalad and Hamel?

Accepted Answer

A collective learning within the organization, especially coordinating diverse production skills and integrating multiple streams of technology

Answer

A required training certification

Answer

A company's largest revenue-generating product

Answer

A standard industry benchmark