1. In the Leadership Pyramid, leaders develop through five levels of increasing capability from Level 1Highly Capable Individual to Level 5Executive. What are the capabilities at Level 2, 3, and 4 of this leadership framework? Match capabilities to levels.

2. In the process of strategy formulation, at which organization level of a company do managers make decisions about the geographic regions in which their firms should compete? Corporate Headquarters Level

Functional Department Level

Strategic Business Unit Level

3. Which of these approaches to strategy formulation develops a dominant strategy as well as contingency plans to account for uncertainty in the environment?

Top-down strategic planning

Scenario planning

Planned emergence

4. In a complex and uncertain world, an effective strategic management process should include

5.

Classify these stakeholder groups as either external stakeholders or internal stakeholders.

1. Managers [ Select ] ["External Stakeholders", "Internal Stakeholders"]
2. Customers [ Select ] ["External Stakeholders", "Internal Stakeholders"]
3. Suppliers [ Select ] ["External Stakeholders", "Internal Stakeholders"]
4. Stockholders [ Select ] ["External Stakeholders", "Internal Stakeholders"]
5. Creditors [ Select ] ["External Stakeholders", "Internal Stakeholders"]
6. Media [ Select ] ["External Stakeholders", "Internal Stakeholders"]
7. Executives [ Select ] ["External Stakeholders", "Internal Stakeholders"]
8. Governments [ Select ] ["External Stakeholders", "Internal Stakeholders"]