Question 1 2 points Save Answer In the lnaction Stage of Organizational Decline, leaders may be unwilling to accept that the organization is declining, despite deteriorating performance and symptoms of organizational decline. In fact, leaders and top managers of the firm may pursuade employees and other stakeholders that all is well with the rm. True False Question 2 2 points Save Answer Organizational size is a measure of the resources and employees the firm has. That means the larger the size of the firm, the more resources, employees and funds it will have at its disposal. True False Question 3 2 points Save Answer Which of the following options refers to the factor that often causes an organization's decline when the organization grows old and becomes inefcient and overbureaucratized? This condition often occurs after a long period of success due to which the firm may start taking its success for granted and may become set in its ways and will fail to adapt to the environment Organizational atrophy Organizational cadence Collectivity Stage Organizational activation stage Question 4 2 points Save Answer A big retail chain that was struggling to compete with the new-age online retailers recently led for banruptcy after exhausting almost all of its capital and multiple failed attempts of trying to avoid a decline. As per the model of organizational decline we discussed in class, what stage of organizational decline would you say the firm is in? Dissolution Stage Inaction Stage Blineded Stage Progression Stage Question 5 4 points Save Answer Select ALL the options that are true for the "lnaction" Stage of Organizational Decline Even in the presence of declining performance, organizational leaders may still end up pursuading employees and stakeholders that all is well with the organization The top leaders will declare bankruptcy and sell the firm Top leaders will focus on doing everything possible such as divesting loss making units or downsizing etc. to help stem the firm's decline Top managers may at times use "creative accounting" to make it seem as if things are fine with the firm and that not corrective action is needed Question 6 2 points Save Answer Environmental decline refers to reduced energy & resources available in the environment to support a firm. In other words, the environment of the firm becomes impoverished in terms of resources it has to support multiple rms in it. True False Question 7 2 points Save Answer Firms that are larger in size have more resources and economies of scale/scope to compete globally than firms that are smaller in size True FalseQuestion 8 2 points Save Answer The thinking behind the concept of \"big company/small company hybrid" is that the firm should focus on structuring itself in such a way that combines a large rm's resources and reach with a small firm's simplicity and flexibility True False Question 9 2 points Save Answer Organizational Decline refers to a condition in which a substantial, absolute decrease in an organization's resource base occurs over time True False