A.

B.

C.

D.

Is the following statement correct? Industry structure consists of bargaining powers, entrance barriers, and competitive rivalry. Select one: True False Which of the following is a FALSE information about the leadership of the managers who are assigned to restructure an organization that faces internal and external issues (e.g., Borders, ToysRus)? Select one: The leaders take calculated risks of working with people who do not have any expertise or experience in the field. The leaders persuade people by inspiring them to see old problems in new perspectives and to recognize that changes are inevitable. The leaders communicate with stakeholders including employees to reinvent their business to make it more accessible to unexplored markets. The leaders are good at making their stakeholders including employees satisfied with the situations they are facing and stabilizing the organization with a clear vision. Which of the following is a FALSE statement about the causes of agency problem? Select one: a. Shareholders and CEO have divergent interests and goals b. Shareholders lack direct control of large, publicly traded corporations O c. Owners are better aware of their firms than managers d. It is expensive for principals to verify that agents have behaved appropriately. Which of the following is a TRUE statement about organizational structures for implementing business-level strategies? Select one: a. A differentiation strategy requires a functional structure with limited formalization, highly specific job descriptions, and an emphasis on the budgeting and controlling functions. O b. A cost leadership strategy requires a functional structure emphasizing high specialization, centralization, and structured job roles. O c. Centralized and formalized procedures allow for greater flexibility, an important factor for firms using a cost leadership strategy. O d. Firms using the differentiation strategy need to respond quickly to environmental opportunities and threats. The structural features that are best for these requirements are centralization, specialization, and many rules and procedures