Question 1

CEOs are typically big risk takers; they are also the driving force of a firm. CEOs have the ability to design a strategic vision using their experience, knowledge, global vision, and drive, and can motivate and excite their employees.

Question 1 options:

	True
	False

Question 2

Strategic leadership is, in effect, a set of characteristics that, when found in a CEO, can lead a firm to high levels of performance.

Question 2 options:

	True
	False

Question 3

There is no doubt that top-level managers are often the most critical resource of a company when it wants to c r e a t e and implement workable strategies.

Question 3 options:

	True
	False

Question 4

An effective organizational culture is evident when the leadership of an organization is able to effectively take the vision, intent, and core values of the firm, and integrate it into all aspects of the firmfrom policies and procedures to the strategic management plan that drives the firm.

Question 4 options:

	True
	False

Question 5

To effectively implement a new strategy, it is likely that a change in the culture of the organization, which is more in line with the new strategy, is needed.

Question 5 options:

	True
	False