BU450 Leadership Skills Management
BU450 Leadership Skills Management
BU450 Leadership Skills Management
Ashworth College
BU450 Assignment 4
ASSIGNMENT 04
BU450 Leadership Skills
Part A
Describe charismatic leadership in your own words.
Part B
Explain what is meant by the statement that charismatic leaders use active impression
management with their followers to support their image. Provide and elaborate on one (1)
original example.
Part C
Access the following article using ProQuest, the Ashworth College online library:
Elrod, D.J. (Aug 2012). The Importance of Being Authentic. Strategic Finance, (94. 2), pp.
14-16.
http://search.proquest.com/docview/1034607363/1421F5DA359502A0DC2/1?
accountid=45844
NOTE: To access ProQuest articles, you MUST first open a Web browser window to
the Ashworth College Library; otherwise, you will be denied access to the articles when you
click the links. Once your browser is open to the Ashworth College Library, simply click on
the link for the article you need to read.
Respond to the following:
1. In your own words, describe what it means to be an authentic leader.
2. Why is authenticity important for leaders? Provide two (2) reasons.
Part D
Why is charismatic leadership considered a double-edged sword that requires careful
monitoring to avert abuse? Provide two (2) reasons and one (1) original example illustrating
this phenomenon.
Part A: List and define five (5) potential benefits of delegation.
Part B: List and describe the seven (7) guidelines for good delegation.
Part C: Discuss why one of the major complaints of subordinates regarding
delegation is the issue of dumping. Offer an example of a personal experience or
observation of dumping taking place.
Question 2
Leaders in high power distance cultures would be most characterized by:
expecting feedback from employees.
Question 3
The trait approach to leadership suggests that:
leaders have special innate qualities.
leadership traits are clearly visible.
traits are based on social class.
traits cannot be measured.
Question 4
The interactionist view of individual differences suggests:
the environment determines who we are.
genes are the most important factor in making people who they are.
Question 5
All managers have access to which source of individual power?
legitimate
authority
coercive
expert
Question 6
Followers will only follow a charismatic leader if:
they believe change is needed.
Question 7
As organizations grow and mature, the leader's influence is often replaced with:
the influence of teams.
Question 8
Which of the following cultural values can affect employee participation in decision making?
collectivism
time orientation
Question 9
__________ is change that is the result of specific and conscious actions by leaders or followers to
change the organization.
Unplanned
Convergent
Evolutionary
Revolutionary
Question 10
__________ focuses on education and teaching participants the skills to effectively conduct the day-
to-day activities of the individual's role in the organization.
Executive development
Leader development
Leadership Development
Emotional intelligence
Extraversion
Openness to experience
Agreeableness
Question 2
Abilities tend to be:
Question options:
related to culture.
based on values.
related to leadership.
Question 3
Which one of the following have been found to be relatively universal values?
Question options:
abilities
skills
leadership
culture
Question 5
Which of the Big Five personality dimensions is most strongly correlated to job performance?
Question options:
concientiousness
emotional intelligence
openness to experience
agreeableness
Question 6
Individuals with __________ power can influence others because they are liked and respected.
Question options:
legitimate
referent
informational
reward
Question 7
The key organizational factor in abuse of power is:
Question options:
a decentralized structure.
the organizational culture.
Pressure
Personal appeal
Consultation
Rational persuasion
Question 9
The leader's power increases when employees:
Question options:
are motivated.
universalist
contingency
relativist
cultural
Question 11
Marta has just been appointed to a top level executive position in her company. Which of the following
leadership skills is she least likely to need and use?
Question options:
technical
interpersonal
conceptual
Question 12
The underlying theme of empowerment is:
Question options:
be more independent
centrality
organicity
substitutability
coalition building
Question 18
The concept of __________ suggests that teams gain power based on their ability to remove obstacles for
others.
Question options:
strategic contingencies
shared power
empowerment
coalition building
Question 19
United States laws forbid business people to bribe others even in cultures where bribery is expected or
necessary. This approach to ethics reflects a __________ view of ethics.
Question options:
universalist
contingency
relativist
cultural
Question 20
Which of the following best describe Type As?
Question options:
a) restricted
b) limited
c) partial
d) constrained
Question
2
Match the financial objective with its correct definition.
Question options:
a) stability - the overall health of the financial structure of the firm, particularly as it relates to its
Question
3
Which of the following is NOT an advantage of a general
partnership?
Question options:
a) Business losses can be deducted against the partners' other sources of income.
b) The skills and abilities of more than one individual are available to the firm.
d) Creating one is relatively easy and inexpensive compared to a C corporation or limited liability
Question
4
________ are itemized forecasts of a company's income,
expenses, and capital needs and are also an important tool for
financial planning and control.
Question options:
d) Budgets
Question
5
Most businesses that plan to use a fictitious name, which is
any name other than the business owner's name, need a(n)
________ permit.
Question options:
Question
6
In the context of a firm's statement of cash flows, ________
activities include the purchase, sale, or investment in fixed
assets (e.g., real estate, equipment, and buildings).
Question options:
a) operating
b) investing
c) capital
d) financing
Question
7
In the context of a firm's statement of cash flows, ________
activities include cash raised during the period by borrowing
money or selling stock and/or cash used during the period by
paying dividends, buying back outstanding stock, or buying
back outstanding bonds.
Question options:
a) investing
b) financing
c) operating
d) liquidity
Question
8
On a firm's income statement, net sales consists of:
Question options:
b) total sales minus allowances for returned goods and discounts.
c) cost of sales minus allowances for returned goods and discounts.
Question
9
Which of the following is the most important thing that an
entrepreneur, or team of entrepreneurs, can do to build a
strong ethical culture in their organization?
Question options:
a) Implement an ethics training program
Question
10
A company's ability to productively utilize its assets relative to
its revenue and its profits is referred to as:
Question options:
a) efficiency.
b) effectiveness.
c) stability.
d) liquidity.
Question
11
Which financial statement records all of a firm's revenues and
expenses for a given period and shows whether the firm is
making a profit or experiencing a loss?
Question options:
a) Chronological
c) Ad-hoc
d) Concurrent
Question
13
Partnerships are organized as either ________ or ________
partnerships.
Question options:
Question
14
A ________ sets forth the rights and duties of the general and
limited partners, along with the details of how the partnership
will be managed and eventually dissolved.
Question options:
a) partnership accord
Question
15
________ is the process in which an impartial third party helps
those involved in a dispute reach an agreement.
Question options:
a) Conciliation
b) Reconciliation
c) Negotiation
d) Mediation
Question
16
A code of ________ is a formal statement of an organization's
values on certain ethical and social issues.
Question options:
a) conduct
b) behavior
c) performance
d) principles
Question
17
Money owed to a company by its customers is referred to as:
Question options:
d) inventory.
Question
18
________ financial statements reflect past performance and are
usually prepared on a quarterly and annual basis.
Question options:
a) Chronological
b) Ad-hoc
c) Historical
d) Concurrent
Question
19
The four main financial objectives of a firm are:
Question options:
Question
20
________ is a company's ability to meet its short-term financial
obligations.
Question options:
a) Liquidity
b) Profitability
c) Effectiveness
d) Stability
Lesson 5 Exam
2.5 / 2.5 points
Shelly Cook recently launched a social network for chefs. One
thing Shelly is thinking about is creating is a panel of experts
who can provide her ongoing direction and advice regarding
the future of her business. Shelly is thinking about creating
a(n) ________.
Question options:
Question
22
Which of the following was NOT identified in the textbook as
an attribute of an effective board member?
Question options:
d) Ability and willingness to mentor the CEO and the top managers of the firm
Question
23
__________ provide entrepreneurs access to mentors,
investors, subject matter experts (such as attorneys and
accountants), and other entrepreneurs.
Question options:
Question
24
A(n) ________ is a person who is in business for themselves,
works on their own time with their own tools and equipment,
and performs services for a number of different clients.
Question options:
a) employee
c) intern
d) freelancer
Question
25
The members of homogeneous teams are:
Question options:
b) diverse in terms of their abilities, but very similar in terms of their experiences.
d) diverse in terms of their experiences, but very similar in terms of their abilities.
Question
26
Which of the following statements is FALSE regarding
founding teams?
Question options:
a) The members of heterogeneous teams are diverse in terms of their abilities and experiences.
b) Teams that are working together for the first time have an advantage over teams that have wo
c) The psychological support that cofounders of a new business can offer one another is an impo
d) The members of homogeneous teams are very similar in terms of their abilities and experienc
Question
27
If the members of a team are _________, they are likely to have
different points of view about technology, hiring decisions,
competitive tactics, and other important activities.
Question options:
a) highly educated
b) investors
c) homogeneous
d) heterogeneous
Question
28
Kelly Andersen founded a technology consulting firm several
years ago. Her firm has grown rapidly and is financially
successful. One thing that Kelly attributes her success to is
that early on she assembled a panel of experts who provided
her ongoing direction and advice about her business. What
Kelly created is called a(n):
Question options:
Question
29
__________ is a nonprofit organization that provides free
consulting services to small businesses.
Question options:
Question
30
Kathy Denver is preparing to launch a home security firm. The
team of people that will launch Kathy's firm are as follows:
Kathy (CEO), Trevor (VP-Finance), Shelia (VP-Sales), a four-
person Board of Directors, a five-person Board of Advisors,
and Kathy's primary investor, who will assume an advisory
role. The group of people that will launch Kathy's firm is
called its:
Question options:
Question
31
A(n) ________ is a panel of experts who are asked by a firm's
managers to provide counsel and advice on an ongoing basis.
Question options:
Question
33
The Partnering for Success feature in Chapter 9 focuses on a
technique that entrepreneurs use to overcome the liabilities of
newness. The suggestion made by the feature is to overcome
the liabilities of newness by considering:
Question options:
a) interviewing a minimum of 20 startup founders to get a sense of what made them successful.
b) working in the new product development or corporate innovation division of a major corpora
c) working for a startup for a minimum of two years before starting one.
Question
34
Liz Zackery just launched a firm in the sporting goods
industry. On the day the company was launched, Liz issued a
press release, indicating that the vice president of New
Balance, a highly respected athletic shoe and sports apparel
company, had agreed to serve on her board of directors. Liz
knows that such a high-quality appointment will send an
important message to her potential clientele. This
phenomenon is referred to as:
Question options:
a) championing.
b) signaling.
c) profiling.
d) indicating.
Question
35
In the context of boards of directors, a(n) ________ director is
someone who is not employed by the firm.
Question options:
a) outside
b) inside
c) external
d) impartial
Question
36
Which of the following statements about advisory boards is
INCORRECT?
Question options:
a) If a firm has a board of directors, it is not permitted to have an advisory board.
b) Many people are more willing to serve on a company's board of advisors than its board of dir
involved.
Question
37
A skills profile is a chart that depicts the ________.
Question options:
a) preferable skills and abilities of the members of a firm's board of advisors
b) preferable skills and abilities of the members of a firm's board of directors
c) most important skills that are needed in a business startup and where skills gaps exist
d) skills and abilities that will be needed for a firm to maintain an aggressive growth strategy
Question
38
Calvin Tucker is in the process of launching an educational
services firm. He plans to incorporate the firm. Because the
firm will be incorporated, Calvin is legally required to have a:
Question options:
Question
39
Unlike a __________, an advisory board possesses no legal
responsibility for the firm and gives nonbinding advice.
Question options:
Question
40
The process of building and maintaining relationships with
people whose interests are similar or whose relationship could
bring advantages to the firm is called:
Question options:
a) linking.
b) socializing.
c) networking.
d) associating.
coolectivist
ascriptive
power oriented
flexible
Question 2
Li Wei is under pressure to make a quick decision on a project with which she has considerable
expertise and experience. Her team is inexperienced and generally supportive, and she needs the
members' strong commitment to implement her decision. In this situation, Li Wei should:
Question options:
make sure everyone is on board; letting employees develop their own goals.
Strategic decisions
Personnel decisions
Manufacturing tasks
Quality control
Question 5
Which underlying factor may be a contributing factor to leader's inability to delegate?
Question options:
follower's personality
leader's personality
organizational policies
organizational culture
Question 6
In spite of cultural and other differences, one of the keys to successful implementation of teams is:
Question options:
follower's involvement.
organizational policies.
slow implementation.
Building trust
A good leader
Clear rules
being a visionary
a culture.
norms.
history.
personal experiences.
Question 10
Participation may be undesirable in all of the following situations EXCEPT when:
Question options:
collectivist
humane orientation
Reward cooperation.
collaborative individualism
self-leadership
participation
transformational leadership
Question 14
__________ are more likely to find it difficult to delegate task to their followers.
Question options:
Experienced managers
Relationship-oriented leaders
Type A leaders
Question 15
Self-leadership is similar to which of the other theories of leadership?
Question options:
Situational leadership
Question 16
Which of the following is one of the goals of delegation?
Question options:
Self-guided correction
Cross training
Coordination training
Assertiveness training
Question 18
Genencor International started its employee participation program:
Question options:
cooperation.
consideration.
shared responsibility
facilitation.
Question 20
The use of teams in the U.S. was triggered by:
Question options:
globalization.