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Strategic Business Leadership Flashcards

6 cards from real ACCA SP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 Strategic Business Leadership flashcards as text

  1. Which of the following best describes 'strategic leadership'?

    Answer: Providing direction, vision and purpose for an entire organisation while balancing stakeholder interests

    Strategic leadership involves setting the long-term vision and direction of the entire organisation, aligning resources, managing change and balancing the interests of diverse stakeholders.

  2. Porter's Five Forces model assesses:

    Answer: The competitive forces that determine the attractiveness and profitability of an industry

    Porter's Five Forces (competitive rivalry, threat of new entrants, threat of substitutes, buyer power, supplier power) analyses the structural factors determining industry profitability.

  3. A 'balanced scorecard' at the strategic level links performance measures to:

    Answer: The organisation's vision and strategy through four interconnected perspectives

    The strategic balanced scorecard (Kaplan & Norton) translates vision and strategy into objectives and measures across four perspectives: Financial, Customer, Internal Processes, and Learning & Growth.

  4. Which of the following is an example of a 'disruptive innovation' (Christensen)?

    Answer: A new entrant offering a simpler, cheaper product that initially serves ignored market segments but eventually displaces incumbents

    Disruptive innovation starts at the low end or new market, ignored by incumbents focused on premium customers, and gradually moves upmarket, eventually displacing established players.

  5. The TOWS matrix extends SWOT by:

    Answer: Generating strategic options by matching internal factors (S/W) with external factors (O/T)

    TOWS generates strategic options: SO (use strengths to exploit opportunities), ST (use strengths to counter threats), WO (address weaknesses to exploit opportunities), WT (minimise weaknesses, avoid threats).

  6. Which leadership style (Lewin) is most appropriate in a crisis requiring immediate, clear direction?

    Answer: Autocratic

    Autocratic (authoritarian) leadership is most effective when rapid, decisive action is needed and there is no time for consultation — such as in a crisis or emergency situation.