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Leadership Questions and Answers | Leadership MCQs Quiz

(1) Model of leadership based on which aspects of a leader’s decision is Vroom and Yetton’s contingency?
[A] Decision acceptance
[B] Decision quality
[C] Both of these
[D] None of the above
Answer: Both of these
(2) An individual’s motivation is dependent on:
[A] Whether path-goal relationships are clarified
[B] Expectations that increased effort to achieve an improved level of performance will be successful
[C] Their effective performance
[D] The necessary direction, guidance, training and support is provided
Answer: Expectations that increased effort to achieve an improved level of performance will be successful

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(3) A firm that chooses a cost-leadership business strategy focuses on gaining advantages by reducing its costs to a level equal to all of its competitors.
[A] True
[B] False
Answer: False
(4) A cost-leadership competitive strategy helps reduce the threat of entry by creating cost-based barriers to entry.
[A] True
[B] False
Answer: True
(5) Cost leadership and product differentiation are so widely recognized that they are often called generic business strategies.
[A] True
[B] False
Answer: True
(6) Firms implementing cost-leadership strategies will generally adopt what is known as a functional organizational structure.
[A] True
[B] False
Answer: True
(7) In general, economies of scale and diseconomies of scale are relatively easy-to-duplicate bases of cost leadership.
[A] True
[B] False
Answer: Likert.
(8) The best example of a firm following a cost-leadership business strategy is
[A] Wal-Mart
[B] Rolls Royce
[C] Mercedes Benz.
[D] Macy’s
Answer: Wal-Mart
(9) Cost-leadership and product-differentiation strategies are so widely recognized that they are often called
[A] common business strategies.
[B] generic business strategies.
[C] generic corporate strategies
[D] common corporate strategies.
Answer: generic business strategies.
(10) Compensation at cost-leadership firms is usually tied directly to product innovation and customer service efforts.
[A] True
[B] False
Answer: False

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