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:

Broader Time Span

Refers to considering or analyzing events, trends, or data over a more extensive period to understand changes or developments better.

Current Emotion

The specific emotional state that an individual is experiencing at a particular moment in time.

Affects Balance

Affects Balance relates to the equilibrium between positive and negative emotions experienced by an individual, influencing their overall mood and well-being.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is not a single general ability but a combination of multiple distinct abilities.