Question 1 (1 point)

According to Lawrence D. Miles, value management is

Question 1 options:

a)	a flexible system built on ethics, trust, and social engagement.

b)	a structured, systemic analytical process that aims to make an organization philanthropic.

c)	a structured, systemic analytical policy that aims to make an organization profitable.

d)	a structured, systematic analytical process that aims to achieve value for money.

e)	an agile system of processes that aims to achieve value for money.

Question 2 (1 point)

When making strategic decisions,

Question 2 options:

a)	organizations consider the internal and external factors that impact the success of a strategy.

b)	organizations need to consider the power and influence of their key shareholders.

c)	organizations need to consider the power and influence of their key stakeholders.

d)	the strategists make the decisions and followers implement them.

e)	organizational managers must take a leadership role to consider different perspectives.

Question 3 (1 point)

Significantly, _____ theories generally focus on the importance of selecting leaders rather than developing them.

Question 3 options:

a)	significant

b)

trait

c)	leadership

d)	management

e)	situational

Question 4 (1 point)

The field of emotional intelligence has much to say about leadership. According to emotional leadership theory, a successful leader is one who demonstrates a high degree of emotional self-awareness, particularly in four key categories:

Question 4 options:

a)	leadership theory, situational leadership, charismatic leadership, and social awareness.

b)	conscientious awareness, engagement, quality management, and leadership.

c)	self-awareness, self-management, social awareness, and social skill.

d)	social skill, ethical leadership, ethical decision-making, emotional intelligence.

e)	emotional intelligence, self-awareness, engagement, ethical decision-making.

Question 5 (1 point)

______ theory dictates that a leader should acquire a variety of different styles which they can choose to apply according to the situation.

Question 5 options:

a)	Traditional

b)	Contemporary

c)	Situational

d)	Leadership

e)

Trait

Question 6 (1 point)

According to the Blackwell Dictionary of Management, what are the main components of a strategic decision-making process?

Question 6 options:

a)	mission, vision, values, goals, and objectives

b)	challenges, opportunities, problems, and inquiries

c)	problems, solutions, participants, and choice situations

d)	problems, solutions, participants, and opportunities

e)	challenges, opportunities, problems, and objectives

Question 7 (1 point)

Saved

One of the three value management processes is

Question 7 options:

a)	continuous awareness of value for the customer, establishing measures or estimates of value and monitoring and controlling them.

b)	to focus on the objectives and targets before finding solutions.

c)	to focus on function, providing the key to maximize training and practical outcomes.

d)	to focus on the policies and targets before finding solutions.

e)	continuous awareness of value for the employee, establishing measures or estimates of value and monitoring and controlling them.

Question 8 (1 point)

According to Ansoff, what makes a strategic decision different from a tactical decision?

Question 8 options:

a)	Tactical decisions are process oriented, and short-term and strategic decisions are competitive.

b)	Tactical decisions are tied to the vision, and strategic decisions are tied to the mission of an organization.

c)	Strategic decisions are financially sound and have a long-term impact, while tactical decisions are goal oriented.

d)	Strategic decisions have a long-term impact and are concerned with doing the right thing, and tactical decisions are concerned with doing things right.

e)	Strategic decisions have short-term implications, while tactical decisions are operationally sound.

Question 9 (1 point)

According to Mintzberg, the four parameters of individual positions within the organization include

Question 9 options:

a)	job specialization, behavior formalization, training, and indoctrination.

b)	competitive advantage, vision statement, ethical decisions, and goals.

c)	mission, vision, resources, and capabilities.

d)	quality management, leadership, Six Sigma, and Kaizen.

e)	operations, marketing, finance, and human resources.

Question 10 (1 point)

_______ theory argues in favor of continual attempts to recruit leaders and staff with differing outlooks to avoid a complacent, inward-looking organization.

Question 10 options:

a)	Transformational

b)

Diversity

c)	Transactional

d)	Engagement

e)

Ethics