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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?

The Chief Executive Officer Signup and view all the answers

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

To align the interests of management with those of the shareholders Signup and view all the answers

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

Emphasis on quantitative analysis and data-driven decision making Signup and view all the answers

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

Entrepreneurship occurs independently, while strategic entrepreneurship occurs within a firm Signup and view all the answers

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

To ensure the interests of shareholders and management are aligned Signup and view all the answers

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

The Chief Executive Officer Signup and view all the answers

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

The organization's overall vision and strategic intent Signup and view all the answers