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Focused questions for skill assessment

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Premium questions with correct answers

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Free Sample Questions for Corporate Strategy

Which of the following would NOT be associated with the socio-political approach to understanding the causes of change:

Political contests between business units vying for power or resources

New leaders seeking to display strong leadership through a symbolic break with the past

Gathering information about the threats and opportunities posed by changes in the external environmental

Fads and fashions in management thought driven by gurus and consultants

Answer:
Gathering information about the threats and opportunities posed by changes in the external environmental

Organizations may adopt 'time-based management' to improve efficiency. What does this approach involve?

Reducing focus on cost and quality to prioritize schedule.

Decreasing the time taken to develop, launch and manufacture a product.

Timing staff productivity to identify potential process improvements.

The use of IT-based tools to manage schedules.

Answer:
Decreasing the time taken to develop, launch and manufacture a product.