QUESTION 8

_________ has long been an important issue within the strategic management field especially in the early 2000s when a series of companies such as Enron Corporation, WorldCom, Tyco, Qwest, and Global Crossing were found to have grossly exaggerated the strength of their performance.

QUESTION 9

In Ancient times, Moses faced challenges and was overwhelmed as the lone strategist of his people so Moses began delegating authority to other leaders, each of whom oversaw a group of people. This is known as

A.

hierarchical delegation of authority

B.

job analysis

C.

employee

D.

SWOT

QUESTION 10

An effective board plays many roles including

A.

the approval of financial objectives

B.

advising on strategic issues

C.

making the firm aware of relevant laws

D.

representing stakeholders who are interested in the firm's long-term performance

E.

all the above