Which of the Following Is an Effect of E-Business on Leadership

question 48

Multiple Choice

Which of the following is an effect of e-business on leadership?

• A)Global leaders are obliged to adopt an ethnocentric approach to management in order to check the transformation of large corporations.
• B)Individual managers are obliged to adapt to the hyperspeed environment of e-business, as well as to the need for visionary leadership in a whole new set of competitive industry dynamics.
• C)The pace of international business has slowed down considerably resulting in a overall decline in efficiencies.
• D)The importance of rigid organizational structure has increased.

---

Definitions:

Variance

A measure of dispersion in a set of data points, calculated by taking the average of the squared differences from the mean.

Standard Deviation

A statistic that quantifies the dispersion or variability of a dataset, measuring the average distance between each data point and the mean.

Z-score

A quantitative measure that demonstrates the correlation of a specific value to the mean of a dataset, identifying its separation from the mean by counting the standard deviations.

Standard Normal Random Variable

A type of random variable that has a mean of 0 and a standard deviation of 1, following the standard normal distribution.