QUESTION $21$

provide information about the results of past actions, but do not communicate the drivers of the firm's future performance.

a$.$ Policies and procedures

b$.$ Strategic feedback systems

c$.$ Accounting information systems

d$.$ Financial controls

QUESTION $22$

capital increases cooperation among individuals inside and outside the firm.

a$.$ Visionary

b$.$ Human

c$.$ Cultural

d$.$ Social

QUESTION $23$

Which of the following will increase the probability that a lower$-$level manager will become a successful strategic leader?

a$.$ Training and development programs

b$.$ Appointing many outside board members

c$.$ Increasing the firm's sales

d$.$ Increasing the homogeneity of the top management team

QUESTION $24$

Which of the following statements regarding effective organizational cultures is true?

a$.$ A central task of strategic leaders is to revise the corporate culture on an annual basis after analyzing the changes occurring in the competitive environment.

b$.$ Once a corporate culture is developed, strategic leaders can focus on other activities.

c$.$ A strategy that is historically new for a firm should be implemented by incremental changes in the organization's culture.

QUESTION $25$

Which of the following statements about CEO duality is false?

a$.$ CEO duality is relatively rare in the United States except in large Fortune $500$ firms.

b$.$ CEO duality has been blamed for slow response to change by the organization.

c$.$ CEO duality is associated with high CEO power.

d$.$ If the CEO acts as a steward, CEO duality facilitates effective decisions and actions.