Question 41 \"Beginning with the end in mind\" means to start with a clearly dev

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Question 41

"Beginning with the end in mind" means to start with a clearly developed sense of our destination. However, it also means that this "end" or destination can give us a sense of the "whole" of our life, or of our organization, so that we can better understand what matters most to us, and so that we can examine each potential "part" of our day, week, month, and year to decide whether or not it really fits into, and helps us progress toward, our desired whole, or end, or destination.

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True

False

Question 42

Porter's Five Forces framework for competitive analysis helps leaders and managers to better understand what is going on in the environment external to the organization, so that proactive choices can be made about how to respond to the ever changing competitive situation, in order to put the organization in a more advantageous position within its industry.

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True

False

Question 43

When we listen empathically to others, and "seek first to understand" their viewpoints deeply, then afterwards, they will sometimes listen more openly to us when we seek "to be understood" with regards to our viewpoints.

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True

False

Question 44

During the internal assessment stage of strategic planning, you need to focus upon identifying accurately the strengths and weaknesses of the organization, especially those core competencies that really matter to customers. A true core competency is by definition some capacity or capability that is enduring. Therefore, the focus here should be upon the present, not thinking about what the organization was good at in the past or what "competencies" it seems to be developing for the future.

Select one:

True

False

Explanation / Answer

Q41. False

The 'parts" is not about cutting and throwing away points of time from the timeline of our life, but it is about creating a synergy on an everyday basis, which builds up the whole, because the whole is greater than the sum of its parts.

Q42. False

Porter's five forces analysis helps to evaluate whether a new product or service will be profitable given the constraints of five forces (buyer power, supplier power, entry barriers, exit barriers, competitive rivalry). The effect of externa environment is analysed by PESTEL analysis

Q43. False

The interpretation of "Seek first to understand, then be understood" is that diagnose before you prescribe. According to greek philosophy, effective communication requires three elements: Ethods, Pathos and Logos, Ethos is about establishing personal credibility, Pathos is about understanding the other person by getting into their shoes and emphathizing with them. Then the last step is logos, which is giving a reasonable argument to drive your point of view.

Q44. False

Interla assessment requires assessment of past, present as well as future potential of developing capabilities based on core competency.

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