episode 11 exercise 01

Part 1

CanGo's Executive Committee has determined that Liz cannot continue as CEO due to a lack of managerial experience. They have decided to "boot her upstairs" by making her Chairman of the Board. See if you agree with the Committee's assessment of Liz's skills.

After you've made your selections, click on the "How did I do?" button to view the correct answers and explanations for the questions.

1.	CEOs must be involved in every aspect of the firm and demonstrate leadership by doing.
	a. True
	b. False

2.	Given the latest technological advances in computers and communications, MBWA (Management by Walking Around) is an antiquated technique for gathering information.
	a. True
	b. False

3.	One of the CEO's most important functions is to lead personally the changes needed by the organization.
	a. True
	b. False

4.	The politics of corporate strategy center around
	a. creating power bases that have loyalty to the CEO and his/her ideas.
	b. dictating the strategy by using top-down policy formulation techniques.
	c. separating groups with similar interests and reducing the power bases of the opposition.
	d. none of the above.

5.	CEOs exercise ethical leadership by doing all of the following, except
	a. setting an excellent example by deeds, not words.
	b. hiring legal counsel to establish codes of ethics.
	c. establishing training programs in business ethics.
	d. quickly acting to remove those employees who have violated the ethics codes.

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