DBA Doctor of Business Administration MCQ 2

Question 1

In dynamic capability theory, which element distinguishes a firm's ability to adapt to rapidly changing environments?

Accepted Answer

Sensing, seizing, and reconfiguring capabilities

Answer

Teece's dynamic capabilities framework centers on sensing opportunities, seizing them, and reconfiguring assets to maintain competitive advantage.

Question 2

Which capital budgeting technique explicitly accounts for the time value of money and is most aligned with shareholder value maximization?

Accepted Answer

Net present value (NPV)

Answer

NPV discounts all future cash flows to present value, directly measuring wealth creation for shareholders.

Question 3

A DBA candidate proposes a grounded theory study of executive decision-making. The primary data collection method consistent with this methodology is:

Accepted Answer

In-depth iterative interviews with theoretical sampling

Answer

Grounded theory relies on iterative, in-depth interviews with theoretical sampling to build theory from data.

Question 4

The Balanced Scorecard introduced by Kaplan and Norton links financial outcomes to which three additional organizational perspectives?

Accepted Answer

Customer, Internal Processes, and Learning & Growth

Answer

Kaplan and Norton's Balanced Scorecard adds customer, internal business processes, and learning & growth perspectives to the financial view.

Question 5

Under the Modigliani-Miller theorem in a world with no taxes, changing a firm's capital structure:

Accepted Answer

Has no effect on total firm value

Answer

In a frictionless market without taxes, M&M theorem holds that capital structure is irrelevant to total firm value.

DBA - Doctor of Business Administration Practice Test

DBA - Doctor of Business Administration Practice Test

DBA Doctor of Business Administration MCQ 2