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Paulo Soeiro de Carvalho Jul 19, 2021 5 min read Part 3: Organizational Environment and UncertaintyThe uncertainty in the company’s environment is a central question in the strategic management literature (Ansoff, 1975), being frequently associated to the turbulence, complexity and increasing pace of change managers must deal in their business contexts (Day, Schoemaker, 2006). In case you need quick answers, search function of the browser may be helpful. An example of the external labor market is the situation where… In the balanced scorecard framework ____ controls are used to assess the organizational success in creating a climate that supports change and innovation. Two key strategic leadership actions include… The Enron employee who reported the financial manipulations at the company to her superiors can be considered to have engaged in… Shaping and reinforcing a new organizational culture requires all of
the following except… Which of the following will increase the probability that a lower-level manager will become a successful strategic leader? The most effective leadership style is leadership is… A heterogeneous top management team is composed of individuals with… Clarita Cosmetics is confronting a decline in sales due largely to a general economic downturn. The top management team is debating whether to lay off employees. In the debate, the following statements are made. Which of the
statements is false? The effective development and management of the firm’s _____ may be its only sustainable competitive advantage. The premise of the balanced scorecard is that firms jeopardize future performance possibilities when
they… The board of directors for TundraPro, Inc., is searching for a new CEO. The firm is in need of new
direction after suffering several years of declining performance and increasingly demoralized management and employees. The board has decided it needs a CEO who can be a transformational leader. To this specific end, the board needs to identify applicants who have… Which of the
following is not associated with heterogeneous top management teams?
Q14Organizational controls provide…
Q15Which of the statements about CEO duality is false?
Q16Which key strategic leadership action plays a key role in influencing how the firm conducts its business and regulates and controls employees’ behavior?
Q17Determining the strategic direction of a firm involves…
Q18Which of the following factors most encourages stability in a firm’s strategy?
Q19The more heterogeneous the top management team, the…
Q20Competitive aggressiveness describes a firm’s…
Q21Which of the following is not related to a CEO having long tenure in his or her position?
Q22Firms needing to change their strategies should…
Q23The top management team is composed of the…
Q24A characteristic of the manager that may affect managerial discretion is his/her…
Q25Which of the following statements is true regarding effective organizational cultures?
Q26The _____ assess their performance is a framework firms can use to verify that they have established both strategic and financial controls.
Q27The top management team at Ingenuity, Inc., has assigned a team of scientists to a multi-year project to investigate the viability of growing large amounts of fur from cloned cells of minks and foxes to produce no-kill fur products for coats and other clothing items. This idea would satisfy all the dimensions of the entrepreneurial orientation except…
Q28Normally, the more involved a board of directors is in shaping the firm’s strategic direction, the…
Q29Human capital refers to…
Q30Strategic control focuses on the _____ of strategic actions, whereas financial controls focus on the ____ of strategic actions.
Q31Four perspectives are integrated to form the balanced scorecard framework. The financial perspective focuses on the view of the firm by the…
Q32When the top management team is homogeneous and a new CEO is selected from inside the firm, it is…
Q33Actions that effective strategic leaders can take to develop an ethical organizational culture include all of the following except…
Q34Monahegan Plasma Company is facing a performance downturn and realizes that a major rethinking of its strategy is in order. Under these circumstances, Monahegan Plasma would benefit from a(n)…
Q35The primary responsibility for effective strategic leadership of the organization rests with the…
Q36The ability to attract and manage _____ may be the most important skill a strategic leader must have.
Q37____ capital increases cooperation among individuals inside and outside the firm.
Q38Which of the following is not a factor that determines the amount of a manager’s decision discretion?
Q39Christina is evaluating Maximum Brands as an investment opportunity. She is very concerned about future financial performance by Maximum Brands. Christina does not believe that the CEO can act as a steward. Christina will probably be most concerned if…
Q40Faced with declining enrollment and increased competition from not-for-profit organizations offering inexpensive art courses for new hobbyists, the for-profit Delta Academy of Art has steadfastly stayed true to its mission of offering high-quality classical art instruction for both beginners and advanced artists at high tuition. Delta has been noted for the excellence of its artistic training for decades. This is an example of…
Q41Criteria for reevaluating internal business processes using the balanced scorecard include all of the following except…
Q42A CEO’s breadth of knowledge base is constrained by…
Q43The CEO/chairman of PharmaPacifica was recently killed in an airplane crash. This tragedy has thrown PharmaPacifica into turmoil as there is no one in the organization qualified to step into the former CEO’s shoes. This is an example of…
Q44The goal of investing in human capital is to…
Q45Research shows that firm’s ethical ___ is the most effective means of ensuring that employees comply with the requirements.
Q46Which of the following is not one of the five dimensions thought to characterize an employee’s entrepreneurial mind-set?
Q47The CEO of CLEO, Inc., in all her communications to employees consistently refers to her dream of CLEO becoming the company of choice for employee assistance programs. She keeps this theme uppermost and it is reflected in the firm’s motto, the title of its Web newsletter, and even on the company t-shirts and mugs. This is an example of the firm’s…
Q48All of the following are external environmental sources that affect managerial discretion except…
Q49Which of the following is not a benefit to the firm using the internal labor market to select a new CEO?
Q50Omicron Artificial Intelligence is able to respond quickly to competitors’ actions and to opportunities in the marketplace. This is an example of…
Q51A CEO gains power from all of the following circumstances except…
Q52Which of the following is not one of the four perspectives in the balanced scorecard framework?
Q53______provide information about the results of past actions, but do not communicate the drivers of the firm’s future performance.
Q54Recently, Sony selected Sir Howard Stringer as CEO. Sir Howard is not Japanese and he was not a Sony employee before his selection. Which of the following statements is false?
Q55To successfully implement a firm’s strategy, the workforce must be viewed as a…
Q56The firm of Bergeron has existed for hundreds of years, having made exquisite clocks and watches. In its advertising it refers to clocks the firm made for such past royalty as Marie Antoinette and the Czars of Russia. Employees are constantly reminded of the firm’s rich history and its long tradition of excellence of design and execution. Bergeron is motivating its employees through its…
Q57Exploiting and maintaining core competencies is part of the key strategic leadership action “Effectively Managing the Firm’s Resource Portfolio.” Which of the following is most important for developing and using core competencies?
Q58The CEO of Icon Image Associates wishes to radically change the corporate culture of the firm. She knows that she must convince others at Icon Image of the necessity for the culture change and gain their active support. The CEO knows that the key players in energizing the culture change and fostering alignment with the new strategic vision are…
Q59CEO duality refers to…
Q60Managerial actions that support development of an ethical organizational culture include all of the following except…
Q61Effective strategic leaders either by word or by personal example, and through their ability to envision the future influence the behaviors, thoughts, feelings of those with whom they work. This influence creates which of the following in their organization?
What is environmental uncertainty in management?Environmental uncertainty refers to the perceived lack of information about key dimensions of the environment determining a company's performance, such as the unpredictability of the environment, the inability to predict the impacts of environmental change, and the consequences of a response choice.
What are some of the factors creating a more complex and uncertain environment for organizations in our society?Some of the factors which may cause uncertainty in the external business environment are inadequate needs of customers, technological changes, regulations and elimination of foreign barriers which may hinder trade.
How does environmental uncertainty affect planning?On the other hand, environmental uncertainty comprises complexity (difficulty to understand) and variability (difficulty to predict) [24] . Hence, high levels of environmental uncertainty make it difficult for an organization to determine its integration requirements. ...
How does environmental uncertainty affect organization?The more uncertain the environment, the greater the need for information and continuous monitoring of market factors; decision making becomes difficult. A product manager's understanding of the external environment is also influenced by the firm's internal operating environment.
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