BU450 Leadership Skills Management

                             BU450 Leadership Skills Management

Ashworth College

BU450 Assignment 4

ASSIGNMENT 04

BU450  Leadership Skills

Part A

 

Describe charismatic leadership in your own words.

 

Part B

 

Explain what is meant by the statement that charismatic leaders use active impression management with their followers to support their image. Provide and elaborate on one (1) original example.

 

Part C

 

Access the following article using ProQuest, the Ashworth College online library:

 

Elrod, D.J. (Aug 2012). The Importance of Being Authentic. Strategic Finance,(94. 2), pp. 14-16.

 

http://search.proquest.com/docview/1034607363/1421F5DA359502A0DC2/1?accountid=45844

 

NOTE: To access ProQuest articles, you MUST first open a Web browser window to the Ashworth College Library; otherwise, you will be denied access to the articles when you click the links. Once your browser is open to the Ashworth College Library, simply click on the link for the article you need to read.

 

Respond to the following:

 

1.      In your own words, describe what it means to be an authentic leader.

2.      Why is authenticity important for leaders? Provide two (2) reasons.

 

Part D

 

Why is charismatic leadership considered a double-edged sword that requires careful monitoring to avert abuse? Provide two (2) reasons and one (1) original example illustrating this phenomenon.

 

   

BU450 Assignment 8 Leadership Skills

BU450  Leadership Skills

Directions:  Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading.  Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar.  Sources must be cited in APA format.  Your response should be a minimum of one (1) single-spaced page to a maximum of two (2) pages in length; refer to the "Assignment Format" page for specific format requirements.

 

 

Part A:  List and define five (5) potential benefits of delegation.

 

Part B:  List and describe the seven (7) guidelines for good delegation.

 

Part C:  Discuss why one of the major complaints of subordinates regarding delegation is the issue of dumping. Offer an example of a personal experience or observation of dumping taking place.

 

Ashworth Semester Exam BU450 Leadership Skills Management

Question 1
In addition to basic managerial functions of planning, organizing, staffing, directing, and controlling, leaders are ascribed:
procedural and external roles.

procedural and internal roles.

strategic and internal roles.

strategic and external roles.


Question 2
Leaders in high power distance cultures would be most characterized by:
expecting feedback from employees.

relying on formal structures to accomplish tasks.
seeking notoriety for the organization.

focusing on team efforts.


Question 3
The trait approach to leadership suggests that:
leaders have special innate qualities.
leadership traits are clearly visible.
traits are based on social class.
traits cannot be measured.

Question 4
The interactionist view of individual differences suggests:
the environment determines who we are.

genes are the most important factor in making people who they are.

heredity and the environment both influence individual differences.

culture is one of the key factor in determining how people behavior.


Question 5
All managers have access to which source of individual power?
legitimate

authority

coercive

expert


Question 6
Followers will only follow a charismatic leader if:
they believe change is needed.

they are motivated.

they have clear rewards waiting for them.
they are confident.


Question 7
As organizations grow and mature, the leader's influence is often replaced with:
the influence of teams.

the power of middle management.

the presence of a strong culture.

individual decision making.


Question 8
Which of the following cultural values can affect employee participation in decision making?
collectivism

tolerance for ambiguity
ascription

time orientation


Question 9
__________ is change that is the result of specific and conscious actions by leaders or followers to change the organization.
Unplanned

Convergent

Evolutionary

Revolutionary


Question 10
__________ focuses on education and teaching participants the skills to effectively conduct the day-to-day activities of the individual's role in the organization.
Executive development

Leader development

Leadership Development

Supervisory and managerial development

   

 

BU450 Lesson 1 Exam SCORE 100 PERCENT

Question 1

Vertical/horizontal dimension impacts leadership because:

Question options:

	it deals with people.
	it relates to how rules are used.
	it focuses on how leaders use participation in their culture.
	it affects views of hierarchy and equality.
Question 2

__________ is the degree to which a culture values fairness, generosity, caring and kindness.

Question options:

	Uncertainty avoidance
	Humane orientation
	In-group collectivism
	Future orientation
Question 3

Japan and Korea are examples of:

Question options:

	loose cultures.
	individualistic cultures.
	vertical collectivistic cultures.
	cultures that are comfortable with uncertainty.
Question 4

The three key elements of leadership effectiveness are:

Question options:

	goal achievement, smooth internal processes, external adaptability.
	follower satisfaction, leader control, empowerment.
	goal achievement, stock prices, customer satisfaction.
	flexibility, follower satisfaction, stakeholder satisfaction.
Question 5

When a culture is high in uncertainty avoidance, people are likely to:

Question options:

	search for absolute truths.
	expect their leaders to allow participation.
	rely on their community for information.
	have a short term orientation.
Question 6

Leaders from individualistic cultures would best be characterized by:

Question options:

	engaging in team-oriented activities.
	seeking recognition.
	demonstrating high levels of participation behaviors.
	employing supportive leader behaviors.
Question 7

National organizational heritage refers to:

Question options:

	the wealth of each organization.
	the culture of different organizations.
	the management styles based on national cultures.
	organizational events that shape national culture.
Question 8

Leadership and management become more closely similar when considering the issue of:

Question options:

	effectiveness and competence.
	national and organizational culture.
	individual traits.
	organizational performance.
Question 9

The key argument against the impact of leadership centers around the idea that:

Question options:

	most leaders are simply not effective.
	social and environmental factors affect organizations more than leaders.
	culture and organizational rigidity do not allow leaders to make their mark.
	other managers impact organizations as much as leaders.
Question 10

Leaders are often role models for their followers. Recent research suggests that leaders must also pay attention to:

Question options:

	sexual harassment and its negative impact.
	the use of power.
	how outsiders impact their followers.
	their own emotional reactions.
Question 11

Which of the following statements is true about the definition of leadership effectiveness?

Question options:

	Leadership effectiveness depends on the goals of the organization.
	Leadership effectiveness must take into account the personality of the leader.
	Leadership effectiveness is the same regardless of the organization.
	Leadership effectiveness is always based on performance.
Question 12

In the United States there is a 'population hourglass' whereby the largest percentage of the population is older baby boomers, the millennial generation is at the bottom and generation Xers are in the middle. The challenges arising from issues regarding the differences in these age groups represents which major factor fueling organizational change and their leaders?

Question options:

	increased globalization
	employee expectations
	political changes
	demographic changes
Question 13

According to research by Mintzberg, the job of a manager is characterized by:

Question options:

	many cultural encounters.
	a wide variety of tasks and many interruptions.
	a series of well-defined activities that start with planning and end in controlling.
	political activities that are essential to being effective.
Question 14

Tolerance of uncertainty refers to:

Question options:

	how much uncertainty exists in the political system.
	how quickly managers make decisions.
	the extent to which employees rely on their manager for decision making.
	how comfortable people are with ambiguity
Question 15

Determining span of control, reporting relationships, and degree of formalization and specialization are all elements of which function of how leaders shape organizational culture?

Question options:

	developing strategies and structures
	influencing hiring decisions
	creating effective reward systems
	role modeling
Question 16

Which one of the following factors is the key element of most definitions of leadership effectiveness?

Question options:

	employee satisfaction
	stakeholder needs
	focus on outcome
	financial measures
Question 17

People from high context cultures typically:

Question options:

	rely on non-verbal cues and situational factors to communicate.
	rely on the written word and clearly stated statement to communicate.
	value leaders who take care of people.
	value leaders who focus on the task.
Question 18

Helgesen called the "female" style of management:

Question options:

	non-hierarchical charisma.
	interconnected management.
	participative management.
	the web.
Question 19

Individualistic cultures tend to:

Question options:

	expect people to conform to social norms before they become independent.
	emphasize performance over social support.
	focus on individual achievement.
	value material goods.
Question 20

Which of the items is one of Hofstede's five dimensions of culture?

Question options:

	Power distance
	Egalitarian
	High context
	Performance orientation

 

          

 

BU450 Lesson 2 Exam SCORE 90 PERCENT

Question 1

In the _________ decision style, the leader makes the decision alone, with or without information from the group.

Question options:

	autocratic
	individual
	consultative
	group
Question 2

According to Fiedler, __________ is the most important factor in any leadership situation.

Question options:

	leader-member relations
	task structure
	follower maturity
	position power
Question 3

Having a clear task that provides direct feedback to follower serves as a substitute for:

Question options:

	leader consideration behaviors.
	organizational policies.
	leader structuring behaviors.
	leader's lack of power.
Question 4

According to group dynamics research that is the basis for the Normative Decision Model:

Question options:

	groups make better decisions.
	well trained groups make faster decisions than individuals.
	leaders get better results when they rely on groups.
	participation in decision-making leads to commitment.
Question 5

Suzanna would like to improve her leadership effectiveness using Path-Goal theories of leadership. She should:

Question options:

	identify her in-group and out-group and how followers get in each group.
	make sure that she has enough power.
	understand her followers' need for autonomy and their perception of the task.
	make sure she is comfortable with a variety of decision styles.
Question 6

The major shortcoming of Lewin's early research on leader behavior was that:

Question options:

	the behaviors were difficult to define clearly.
	the researchers could not measure the leader behaviors consistently.
	it was not clear which behavior was most effective.
	only task behavior was shown to improve performance.
Question 7

The substitute for leadership model has increasing applications to many organizations as they:

Question options:

	implement the use teams.
	select leaders with certain traits.
	teach leaders to be both considerate and provide structure.
	move to other cultures.
Question 8

When there is no quality requirement and employee commitment is not needed, the most appropriate leader decision style is:

Question options:

	autocratic.
	individual.
	consultative.
	group.
Question 9

According the Path-Goal Theory, the leader must motivate followers by:

Question options:

	encouraging them to do their best.
	strengthening the links among effort, performance, and outcomes.
	addressing each follower's needs.
	being both a supportive and a task-oriented leader who focuses on followers.
Question 10

The primary assumption of the contingency approach to leadership is:

Question options:

	leadership depends on culture.
	what works depends on the situation.
	behavior of leaders is contingent on their personality.
	leadership effectiveness is contingent on the role of followers.
Question 11

Prior to the industrial revolution, the study of leadership relied on:

Question options:

	scientific studies.
	intuition and description.
	case analyses.
	the trait approach to understand leaders.
Question 12

The two primary leadership behaviors that are still in use are:

Question options:

	laissez-faire and charismatic motivation.
	autocratic and democratic.
	visionary and practical.
	consideration and initiation of structure.
Question 13

Which of the following principles is the basis for the Normative Decision Model?

Question options:

	Empowerment is always effective.
	Western employees expect to participate in decision making.
	Groups are wasteful and inefficient.
	Employee motivation results from the leader removing obstacles.
Question 14

Employees who do not have a high quality LMX are likely to experience one of the following.

Question options:

	ssignment to challenging tasks
	A lot of positive and negative communication from their leader
	Limited interaction with the leader
	High performance expectations
Question 15

According to the Contingency Model, task-motivated leaders will be most effective in which type of situation?

Question options:

	moderate control
	low control
	high-control
	all situations
Question 16

The modern scientific study of leadership can be divided into three eras. These are:

Question options:

	trait, behavior, contingency.
	charismatic, visionary, exemplary.
	case studies, research, theory building.
	personality, event-based, complex analysis.
Question 17

Anwar is a task-motivated leader who is in a high situational control environment. Based on Fiedler's Contingency Model, he is likely to:

Question options:

	be tense, overbearing, and over controlling.
	be confident, considerate, and focused on removing obstacles.
	be considerate, open to suggestions and concerned with resolving conflicts.
	Be directive, serious, and with little concern for others.
Question 18

Which of the following factors contributed to the development of the behavior approach to leadership?

Question options:

	the need to find leaders during World War II
	the development of personality testing
	the use of behavioral surveys to measure traits
	access to military leaders
Question 19

The key issue in keeping in-groups productive is:

Question options:

	the leader's personality.
	the followers' personality.
	how in-group members are selected.
	the quality of the LMX.
Question 20

When the employees' commitment is essential, they generally agree with the goals of the organization, and the leader does not have enough information, the most appropriate decision style is:

Question options:

	autocratic.
	consultative.
	delegation.
	individual.

 

      

 

BU450 Lesson 3 Exam SCORE 95 PERCENT

Question 1
__________ is the Big Five personality dimension that is important in jobs such as management that require social interaction.
Question options:

Emotional intelligence

Extraversion

Openness to experience

Agreeableness
Question 2
Abilities tend to be:
Question options:

stable over an extended period of time.

related to culture.

based on values.

related to leadership.
Question 3
Which one of the following have been found to be relatively universal values?
Question options:

Individuality and individual dignity

Personal achievement and performance

Fairness and honesty

Desire for recognition and rewards
Question 4
Which one of the following influences a person's value system?
Question options:

abilities

skills

leadership

culture
Question 5
Which of the Big Five personality dimensions is most strongly correlated to job performance?
Question options:

concientiousness

emotional intelligence

openness to experience

agreeableness
Question 6
Individuals with __________ power can influence others because they are liked and respected.
Question options:

legitimate

referent

informational

reward
Question 7
The key organizational factor in abuse of power is:
Question options:

a decentralized structure.

the organizational culture.

the leadership succession plan.

the training and development plan.
Question 8
__________ is one of the influence tactics that rely on all sources of personal power.
Question options:

Pressure

Personal appeal

Consultation

Rational persuasion
Question 9
The leader's power increases when employees:
Question options:

are motivated.

comply with her decisions.

do not resist a decision.

are committed to her decisions.
Question 10
A __________ view of ethics suggests that what is right or wrong depends on the situation.
Question options:

universalist

contingency

relativist

cultural
Question 11
Marta has just been appointed to a top level executive position in her company. Which of the following leadership skills is she least likely to need and use?
Question options:

technical

interpersonal

conceptual
Question 12
The underlying theme of empowerment is:
Question options:

delegating all power to employees.

sharing power with those who need it to perform their job.

setting goals that everyone can achieve easily.

centralizing decision making in the team.
Question 13
Research about the effect of power distribution suggests that:
Question options:

centralized power allows organizations to perform well.

concentrated power can be detrimental to performance.

leaders often give up their power willingly.

power sharing works well in most cultures.
Question 14
Individual difference characteristics affect a person's behavior most when:
Question options:

the situation provides clear guidelines.

the situation is loosely structured.

the person is strong willed.

the person is flexible.
Question 15
Locus of control is an indicator of:
Question options:

how much control a person needs.

how much contril a person feels he/she has.

the control level of leaders.

control available in the situation.
Question 16
Older generations in Western Europe and the U.S. tend to __________ than younger generation.
Question options:

bemore suspicioius of authoriy

have a stronger sense of cultural superiority

be more independent

be more tied to their parents and family members
Question 17
A team leader focuses on assuring that his team members have the latest expertise not available elsewhere in the organization. He is using which organizational source of power to assure that his team has power?
Question options:

centrality

organicity

substitutability

coalition building
Question 18
The concept of __________ suggests that teams gain power based on their ability to remove obstacles for others.
Question options:

strategic contingencies

shared power

empowerment

coalition building
Question 19
United States laws forbid business people to bribe others even in cultures where bribery is expected or necessary. This approach to ethics reflects a __________ view of ethics.
Question options:

universalist

contingency

relativist

cultural
Question 20
Which of the following best describe Type As?
Question options:

Type As are strategic thinkers who are proactive.

Type As try to do more in less time.

Type As are willing to cut corners to achieve their goals.

Type As are good at persuading others.

     

 

BU450 Lesson 4 & 5 Exam SCORE 98 PERCENT

Lesson 4 Exam

 

Question 1

2.5 / 2.5 points

A ________ partnership is a modified form of a general partnership.

Question options:

	a)  restricted
	b)  limited
	c)  partial
	d)  constrained
Question 2		2.5 / 2.5 points

Match the financial objective with its correct definition.

Question options:

	a)  stability - the overall health of the financial structure of the firm, particularly as it relates to its debt-to-equity ratio
	b)  profitability - how productively a firm utilizes its assets
	c)  liquidity - a company's ability to make a profit
	d)  efficiency - a company's ability to meet its short-term obligations
Question 3		2.5 / 2.5 points

Which of the following is NOT an advantage of a general partnership?

Question options:

	a)  Business losses can be deducted against the partners' other sources of income.
	b)  The skills and abilities of more than one individual are available to the firm.
	c)  The liquidity of each partner's investment is low.
	d)  Creating one is relatively easy and inexpensive compared to a C corporation or limited liability company.
Question 4		2.5 / 2.5 points

________ are itemized forecasts of a company's income, expenses, and capital needs and are also an important tool for financial planning and control.

Question options:

	a)  Profitability statements
	b)  Financial statements
	c)  Owners' equity statements
	d)  Budgets
Question 5		2.5 / 2.5 points

Most businesses that plan to use a fictitious name, which is any name other than the business owner's name, need a(n) ________ permit.

Question options:

	a)  unreal business name
	b)  fabricated business name
	c)  invented business name
	d)  fictitious business name
Question 6		2.5 / 2.5 points

In the context of a firm's statement of cash flows, ________ activities include the purchase, sale, or investment in fixed assets (e.g., real estate, equipment, and buildings).

Question options:

	a)  operating
	b)  investing
	c)  capital
	d)  financing
Question 7		2.5 / 2.5 points

In the context of a firm's statement of cash flows, ________ activities include cash raised during the period by borrowing money or selling stock and/or cash used during the period by paying dividends, buying back outstanding stock, or buying back outstanding bonds.

Question options:

	a)  investing
	b)  financing
	c)  operating
	d)  liquidity
Question 8		2.5 / 2.5 points

On a firm's income statement, net sales consists of:

Question options:

	a)  operating expenses minus cost of sales.
	b)  total sales minus allowances for returned goods and discounts.
	c)  cost of sales minus allowances for returned goods and discounts.
	d)  cost of sales minus operating expenses.
Question 9		2.5 / 2.5 points

Which of the following is the most important thing that an entrepreneur, or team of entrepreneurs, can do to build a strong ethical culture in their organization?

Question options:

	a)  Implement an ethics training program
	b)  Write a mission statement
	c)  Lead by example
	d)  Hire an ethics compliance officer
Question 10		2.5 / 2.5 points

A company's ability to productively utilize its assets relative to its revenue and its profits is referred to as:

Question options:

	a)  efficiency.
	b)  effectiveness.
	c)  stability.
	d)  liquidity.
Question 11		2.5 / 2.5 points

Which financial statement records all of a firm's revenues and expenses for a given period and shows whether the firm is making a profit or experiencing a loss?

Question options:

	a)  Balance sheet
	b)  Owner's equity statement
	c)  Statement of cash flows
	d)  Income statement
Question 12		2.5 / 2.5 points

________ financial statements are projections for future periods based on forecasts and are typically completed for two to three years into the future.

Question options:

	a)  Chronological
	b)  Pro forma
	c)  Ad-hoc
	d)  Concurrent
Question 13		2.5 / 2.5 points

Partnerships are organized as either ________ or ________ partnerships.

Question options:

	a)  specific; general
	b)  narrow; broad
	c)  inward; outward
	d)  general; limited
Question 14		2.5 / 2.5 points

A ________ sets forth the rights and duties of the general and limited partners, along with the details of how the partnership will be managed and eventually dissolved.

Question options:

	a)  partnership accord
	b)  restricted partnership agreement
	c)  business partnership agreement
	d)  limited partnership agreement
Question 15		2.5 / 2.5 points

________ is the process in which an impartial third party helps those involved in a dispute reach an agreement.

Question options:

	a)  Conciliation
	b)  Reconciliation
	c)  Negotiation
	d)  Mediation
Question 16		2.5 / 2.5 points

A code of ________ is a formal statement of an organization's values on certain ethical and social issues.

Question options:

	a)  conduct
	b)  behavior
	c)  performance
	d)  principles
Question 17		2.5 / 2.5 points

Money owed to a company by its customers is referred to as:

Question options:

	a)  accounts obtainable.
	b)  accounts payable.
	c)  accounts receivable.
	d)  inventory.
Question 18		2.5 / 2.5 points

________ financial statements reflect past performance and are usually prepared on a quarterly and annual basis.

Question options:

	a)  Chronological
	b)  Ad-hoc
	c)  Historical
	d)  Concurrent
Question 19		2.5 / 2.5 points

The four main financial objectives of a firm are:

Question options:

	a)  efficiency, effectiveness, strength, and flexibility.
	b)  power, success, efficiency, and effectiveness.
	c)  control, effectiveness, liquidity, and power.
	d)  profitability, liquidity, efficiency, and stability.
Question 20		2.5 / 2.5 points

________ is a company's ability to meet its short-term financial obligations.

Question options:

	a)  Liquidity
	b)  Profitability
	c)  Effectiveness
	d)  Stability
Lesson 5 Exam

 

Question 21

2.5 / 2.5 points

Shelly Cook recently launched a social network for chefs. One thing Shelly is thinking about is creating is a panel of experts who can provide her ongoing direction and advice regarding the future of her business. Shelly is thinking about creating a(n) ________.

Question options:

	a)  analysis panel
	b)  discussion board
	c)  advisory board
	d)  suggestion panel
Question 22		2.5 / 2.5 points

Which of the following was NOT identified in the textbook as an attribute of an effective board member?

Question options:

	a)  Strong personal and professional networks
	b)  Unknown in their field
	c)  Investment and/or operating experience
	d)  Ability and willingness to mentor the CEO and the top managers of the firm
Question 23		2.5 / 2.5 points

__________ provide entrepreneurs access to mentors, investors, subject matter experts (such as attorneys and accountants), and other entrepreneurs.

Question options:

	a)  Networking events
	b)  New venture teams
	c)  Start-up accelerators
	d)  Advisory boards
Question 24		2.5 / 2.5 points

A(n) ________ is a person who is in business for themselves, works on their own time with their own tools and equipment, and performs services for a number of different clients.

Question options:

	a)  employee
	b)  virtual assistant
	c)  intern
	d)  freelancer
Question 25		2.5 / 2.5 points

The members of homogeneous teams are:

Question options:

	a)  diverse in terms of their abilities and experiences.
	b)  diverse in terms of their abilities, but very similar in terms of their experiences.
	c)  similar in terms of their abilities and experiences.
	d)  diverse in terms of their experiences, but very similar in terms of their abilities.
Question 26		2.5 / 2.5 points

Which of the following statements is FALSE regarding founding teams?

Question options:

	a)  The members of heterogeneous teams are diverse in terms of their abilities and experiences.
	b)  Teams that are working together for the first time have an advantage over teams that have worked together before.
	c)  The psychological support that cofounders of a new business can offer one another is an important element of a firm's success.
	d)  The members of homogeneous teams are very similar in terms of their abilities and experiences.
Question 27		2.5 / 2.5 points

If the members of a team are _________, they are likely to have different points of view about technology, hiring decisions, competitive tactics, and other important activities.

Question options:

	a)  highly educated
	b)  investors
	c)  homogeneous
	d)  heterogeneous
Question 28		2.5 / 2.5 points

Kelly Andersen founded a technology consulting firm several years ago. Her firm has grown rapidly and is financially successful. One thing that Kelly attributes her success to is that early on she assembled a panel of experts who provided her ongoing direction and advice about her business. What Kelly created is called a(n):

Question options:

	a)  consultation panel.
	b)  suggestion panel.
	c)  idea board.
	d)  advisory board.
Question 29		2.5 / 2.5 points

__________ is a nonprofit organization that provides free consulting services to small businesses.

Question options:

	a)  The Small Business Development Center
	b)  The Small Business Association
	c)  StartupNation
	d)  The Service Corps of Retired Executives
Question 30		2.5 / 2.5 points

Kathy Denver is preparing to launch a home security firm. The team of people that will launch Kathy's firm are as follows: Kathy (CEO), Trevor (VP-Finance), Shelia (VP-Sales), a four-person Board of Directors, a five-person Board of Advisors, and Kathy's primary investor, who will assume an advisory role. The group of people that will launch Kathy's firm is called its:

Question options:

	a)  startup squad.
	b)  new venture panel.
	c)  new venture team.
	d)  startup cadre.
Question 31		2.5 / 2.5 points

A(n) ________ is a panel of experts who are asked by a firm's managers to provide counsel and advice on an ongoing basis.

Question options:

	a)  consultation board
	b)  idea panel
	c)  counseling panel
	d)  advisory board
Question 32		2.5 / 2.5 points

The fact that companies often falter because the people who start the firms can't adjust quickly enough to their new roles and because the firm lacks a "track record" with outside buyers and sellers, is referred to as the:

Question options:

	a)  liability of preparedness.
	b)  liability of newness.
	c)  burden of novelty.
	d)  burden of freshness.
Question 33		2.5 / 2.5 points

The Partnering for Success feature in Chapter 9 focuses on a technique that entrepreneurs use to overcome the liabilities of newness. The suggestion made by the feature is to overcome the liabilities of newness by considering:

Question options:

	a)  interviewing a minimum of 20 startup founders to get a sense of what made them successful.
	b)  working in the new product development or corporate innovation division of a major corporation.
	c)  working for a startup for a minimum of two years before starting one.
	d)  joining a startup accelerator.
Question 34		2.5 / 2.5 points

Liz Zackery just launched a firm in the sporting goods industry. On the day the company was launched, Liz issued a press release, indicating that the vice president of New Balance, a highly respected athletic shoe and sports apparel company, had agreed to serve on her board of directors. Liz knows that such a high-quality appointment will send an important message to her potential clientele. This phenomenon is referred to as:

Question options:

	a)  championing.
	b)  signaling.
	c)  profiling.
	d)  indicating.
Question 35		2.5 / 2.5 points

In the context of boards of directors, a(n) ________ director is someone who is not employed by the firm.

Question options:

	a)  outside
	b)  inside
	c)  external
	d)  impartial
Question 36		0 / 2.5 points

Which of the following statements about advisory boards is INCORRECT?

Question options:

	a)  If a firm has a board of directors, it is not permitted to have an advisory board.
	b)  Many people are more willing to serve on a company's board of advisors than its board of directors because it requires less time and there is no potential legal liability involved.
	c)  Most boards of advisers have between 5 and 15 members.
	d)  A growing number of startups are forming advisory boards.
Question 37		2.5 / 2.5 points

A skills profile is a chart that depicts the ________.

Question options:

	a)  preferable skills and abilities of the members of a firm's board of advisors
	b)  preferable skills and abilities of the members of a firm's board of directors
	c)  most important skills that are needed in a business startup and where skills gaps exist
	d)  skills and abilities that will be needed for a firm to maintain an aggressive growth strategy
Question 38		2.5 / 2.5 points

Calvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a:

Question options:

	a)  board of investors.
	b)  board of advisors.
	c)  customer advisory board.
	d)  board of directors.
Question 39		2.5 / 2.5 points

Unlike a __________, an advisory board possesses no legal responsibility for the firm and gives nonbinding advice.

Question options:

	a)  start-up team
	b)  new venture panel
	c)  board of directors
	d)  board of investors
Question 40		2.5 / 2.5 points

The process of building and maintaining relationships with people whose interests are similar or whose relationship could bring advantages to the firm is called:

Question options:

	a)  linking.
	b)  socializing.
	c)  networking.
	d)  associating.

 

BU450 Lesson 5 Exam SCORE 100 PERCENT

Question 1

__________ includes all of the outside forces that potentially affect the organization.

Question options:

	Environment
	Structure
	Technology
	Strategy
Question 2

Tolerance for diversity, extent of centralization, degree of employee participation, and organicity are all part of which characteristic of upper echelon leaders?

Question options:

	internal orientation
	collectivism
	need for control
	risk-aversion
Question 3

Two general sets of factors moderate the power and discretion of executives. These include:

Question options:

	employees and other managers.
	environmental factors and stakeholders.
	external factors and organizational factors.
	leadership factors and market issues.
Question 4

How open a leader is to change and how willing he/she is to take risks is most important and relevant:

Question options:

	in small organizations.
	during the formulation of strategy.
	in times of crisis when high-risk decisions often pay off.
	in certain environments.
Question 5

In successful companies, the well-established culture and procedures often:

Question options:

	reduce the impact of teams.
	provide increased discretion to the leader.
	increase the power of the leader.
	act as substitutes for the CEO.
Question 6

Zhen does not like change much and empowers his employees to make their own decisions. Which strategic leadership type is he?

Question options:

	High-control innovator
	Participative innovator
	Status quo guardian
	Process manager
Question 7

One argument in support of the high executive packages is that:

Question options:

	higher pay leads to higher performance.
	the high salaries are needed to prevent CEOs from abusing their power.
	CEO jobs are demanding and unstable.
	U.S. CEOs are among the best in the world.
Question 8

Culturally endorsed leadership theories (CLTs) were proposed by:

Question options:

	GLOBE researchers.
	Hofstede.
	Trompenaars.
	Hall.
Question 9

Maleeni enjoys new situations and likes taking risks and believes that leaders should delegate decision making to the lowest possible level. Which strategic leadership type is she?

Question options:

	High-control innovator
	Participative innovator
	Status quo guardian
	Process manager
Question 10

How does Lafley regard power?

Question options:

	Power is not necessary for performance.
	Power must be shared with all employees.
	Building a power base starts with expertise and must be backed up with force if necessary.
	Power is determined by influence rather than control.
Question 11

According to the culturally endorsed leadership theories, which cultures most value leaders who are inspirational and provide a vision?

Question options:

	Middle Easterners and Southern Europeans
	Latin Americans and Nordic Europeans
	Eastern Asians and Africans
	Southwestern Asians and Germans
Question 12

Entrepreneurship, openness to change, transformational leadership, and futuricity are all part of which characteristic of upper echelon leaders?

Question options:

	external orientation
	individualism
	challenge seeking
	risk-taking
Question 13

Which one of the strategic leaders tries to protect the organization from the impact of outside forces, encourages a fluid culture, and emphasizes efficiency?

Question options:

	High-control innovator
	Participative innovator
	Status quo guardian
	Process manager
Question 14

How many strategic forces are in the domain of strategic leadership?

Question options:

	two
	four
	six
	eight
Question 15

The common thread among many female executives is:

Question options:

	the fear of failure.
	employee empowerment.
	lack of international experience.
	strong financial skills.
Question 16

Which one of the strategic leaders implements the latest high-technology innovations in his/her organization, builds a strong dominant culture, and hires managers who are similar to him/her?

Question options:

	High-control innovator
	Participative innovator
	Status quo guardian
	Process manager
Question 17

The public-good mission of nonprofits, along with voluntary participation of many contributors requires leaders to engage in a __________ style.

Question options:

	directive
	collaborative
	authoritative
	task-oriented
Question 18

Structure is best defined as:

Question options:

	the way human resources are organized.
	the process by which inputs are transformed into outputs.
	a common set of beliefs.
	the internal factors that affect an organization.
Question 19

A sense of crisis sets the stage for:

Question options:

	poor performance.
	emergence of charismatic CEOs.
	a decrease in CEO discretion.
	stakeholders to exercise more power.
Question 20

The _______, the less the power and discretion of the CEO.

Question options:

	less uncertainty in the environment
	stronger the TMT
	younger the organization
	more cohesive the organization

 

 

 

BU450 Lesson 6 Exam SCORE 95 PERCENT (New)

Question 1
The more __________ a culture, the less likely it is that employees will participate in decision making.
Question options:

coolectivist

ascriptive

power oriented

flexible
Question 2
Li Wei is under pressure to make a quick decision on a project with which she has considerable expertise and experience. Her team is inexperienced and generally supportive, and she needs the members' strong commitment to implement her decision. In this situation, Li Wei should:
Question options:

make decisions by herself.

allow for employee participation.

seek more information.

delegate the decision to the group.
Question 3
Self-leaders __________ instead of __________.
Question options:

keep information; sharing information.

make sure everyone is on board; letting employees develop their own goals.

provide a vision; letting the team set goals.

encourage creativity; conformity.
Question 4
Leaders should generally not delegate which type of tasks or decisions?
Question options:

Strategic decisions

Personnel decisions

Manufacturing tasks

Quality control
Question 5
Which underlying factor may be a contributing factor to leader's inability to delegate?
Question options:

follower's personality

leader's personality

organizational policies

organizational culture
Question 6
In spite of cultural and other differences, one of the keys to successful implementation of teams is:
Question options:

follower's involvement.

organizational policies.

slow implementation.

leader's belief in participation.
Question 7
__________ is one of the key factors in effective teams.
Question options:

Building trust

A good leader

Clear rules

A goal handed down from upper management
Question 8
The leadership traits identified by IBM to revive the company include which of the following?
Question options:

being a visionary

developing people and enabling growth

being able to take charge

having both task and people skills
Question 9
In teams, members often share:
Question options:

a culture.

norms.

history.

personal experiences.
Question 10
Participation may be undesirable in all of the following situations EXCEPT when:
Question options:

follower commitment is not necessary.

the tasks are complex and quality is important.

time is of the essence.

interaction between leader and followers is restricted.
Question 11
Which cultural values will least likely support employee participation and empowerment?
Question options:

high power distance

collectivist

humane orientation

high time (future) orientation
Question 12
Robert wants to increase the trust among his team members. What should he do?
Question options:

an exchange procesCreate friendly competition among the members.

Set up formal communication mechanisms.

Reward cooperation.

Assign a formal leader.
Question 13
Instead of team-based management, Australian researchers have proposed the concept of __________ to involve individuals in teams in Western cultures.
Question options:

collaborative individualism

self-leadership

participation

transformational leadership
Question 14
__________ are more likely to find it difficult to delegate task to their followers.
Question options:

Experienced managers

Relationship-oriented leaders

Leaders who have trouble developing positive LMX

Type A leaders
Question 15
Self-leadership is similar to which of the other theories of leadership?
Question options:

Fiedler's Contingency Model

The LMX model

The substitutes for leadership

Situational leadership
Question 16
Which of the following is one of the goals of delegation?
Question options:

help the eleader with excessive workload

share power with employees

empower employees

increase the leader's power
Question 17
__________ is intended to teach team members to monitor, assess and correct their behavior in the team.
Question options:

Self-guided correction

Cross training

Coordination training

Assertiveness training
Question 18
Genencor International started its employee participation program:
Question options:

when they built a new headquarters.

after the leadership team took a trip to Japan.

after they hired a new CEO.

as a routine part of doing business.
Question 19
Self-managed teams use leadership based on:
Question options:

cooperation.

consideration.

shared responsibility

facilitation.
Question 20
The use of teams in the U.S. was triggered by:
Question options:

globalization.

the growth of the Chinese economy.

failure of the U.S. management methods.

the successful use of teams in Japan.