7-4
c. how older companies still have traditional power structures.
d. the effectiveness of the fit between CEO characteristics and organizational factors.
17. In successful companies, the well established culture and procedures often _______________.
a. reduce the impact of teams
b. provide increased discretion to the leader
c. increase the power of the leader
d. act as substitutes for the CEO
18. As organizations grow and mature, the leader’s influence is often replaced with:
a. the influence of teams.
b. the power of middle management.
c. the presence of a strong culture.
d. individual decision making.
19. Mickey Drexler, former CEO of the Gap and current CEO at J. Crew, had considerable power and
discretion while he was with the Gap because:
a. he is an effective CEO.
b. he was well-liked by his employees.
c. the company board of directors was weak and ineffective.
d. the company was new and in need of revival.
20. The _____________, the less the power and discretion of the CEO.
a. less uncertainty in the environment
b. stronger the TMT
c. younger the organization
d. more cohesive the organization
21. The case of Larry Ellison, Safra Catz, and Mark Hurd at Oracle is an example of:
a. the role of culture in CEOs’ behavior and decisions.
b. the impact of partnerships on leader power.
c. the negative effect of a poor economy on CEO performance.
d. the negative impact of arrogance on CEOs.