Putting Together a Capable Top Management Team

question 20

Multiple Choice

Putting together a capable top management team

• A)should take top priority in building competitively valuable core competencies.
• B)is particularly important when the firm is pursuing unrelated diversification or making a number of new acquisitions in related businesses.
• C)is important in building an organization capable of proficient strategy execution but is nearly always less crucial than doing a superior job of training and retraining employees.
• D)entails filling key managerial slots with people who are good at figuring out what needs to be done and skilled in making it happen and delivering good results.
• E)is particularly essential for executing a strategy to keep a company's costs lower than rivals' and become the industry's low-cost leader.

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Definitions:

Personality

Personality refers to the combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Work Experience

The record of jobs or positions one has held, often detailed in resumes or CVs to showcase professional skills and achievements.

Chronologically

Arranged in the order of time, from the earliest to the latest.

Unique Qualifications

Special or distinctive skills, experiences, or attributes that make an individual particularly well-suited for a specific job or role.