It is not always beneficial to have a top-management team that is heterogeneous. While the firm benefits from debates engendered by the different viewpoints, it ultimately suffers from the lower quality of the team’s decisions

As the dynamics of competition accelerate, people become a highly significant source of competitive advantage

The Dodd-Frank Wall Street Reform and Consumer Protection Act contains provisions related to consumer protection, systemic risk oversight, and capital requirements for banks, but not for executive compensation

When a new CEO is selected from outside the firm, a change of strategy is likely, especially if the top management team is homogenous and highly cohesive

CEO duality refers to:

Acquisitions are a low-risk approach to producing and managing innovation

Which of the following is one of the barriers to effectiveness when using cross-functional teams to integrate organizational functions?

FutureTech used an induced approach to innovation to create open innovation because it wants to be the firm whose products become the source of industry standards

Innovation is the means by which the entrepreneur creates wealth

Companies and business units of large diversified firms using the cost leadership strategy should focus on strategic controls