IBM Business Transformation Case Study
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Questions and Answers

What is the primary role of the Board of Directors in corporate governance?

  • To make all the strategic decisions for the organization
  • To oversee the day-to-day operations of the company
  • To represent the interests of management
  • To ensure the interests of shareholders and management are aligned (correct)

Which of the following is NOT a characteristic of strategic thinking?

  • Willingness to take risks and explore new opportunities
  • Creativity and innovative problem-solving
  • Emphasis on quantitative analysis and data-driven decision making (correct)
  • Focus on strategic intent or the overall vision of the organization

What is the primary difference between entrepreneurship and intrapreneurship?

  • Entrepreneurship involves creating new value, while intrapreneurship does not
  • Entrepreneurship occurs within a firm, while intrapreneurship occurs independently (correct)
  • Entrepreneurship is focused on strategic thinking, while intrapreneurship is not
  • Entrepreneurship is a more risky and uncertain process than intrapreneurship

Which of the following is NOT considered a key stakeholder in the corporate governance framework?

<p>The Chief Executive Officer (A)</p> Signup and view all the answers

What is the main purpose of shareholder activism in corporate governance?

<p>To align the interests of management with those of the shareholders (A)</p> Signup and view all the answers

Which of the following is NOT a key characteristic of strategic thinking?

<p>Emphasis on quantitative analysis and data-driven decision making (B)</p> Signup and view all the answers

What is the main difference between entrepreneurship and strategic entrepreneurship (intrapreneurship)?

<p>Entrepreneurship occurs independently, while strategic entrepreneurship occurs within a firm (A)</p> Signup and view all the answers

What is the main purpose of the Board of Directors in corporate governance?

<p>To ensure the interests of shareholders and management are aligned (B)</p> Signup and view all the answers

Which of the following is NOT considered a key element of corporate governance?

<p>The Chief Executive Officer (A)</p> Signup and view all the answers

What is the main focus of strategic thinking, according to the text?

<p>The organization's overall vision and strategic intent (B)</p> Signup and view all the answers

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