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CIM Week 1 Lecture

Authored by Inci Toral

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CIM Week 1 Lecture
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Narcissistic CEOs often prioritise short-term gains and flashy initiatives over long-term sustainability.

True

False

Answer explanation

Narcissistic CEOs often focus on short-term gains and attention-grabbing projects rather than long-term stability. They prioritise initiatives that bolster their image and provide immediate gratification.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following traits is NOT characteristic of a narcissistic leader?

Exploitativeness

Empathy

Arrogance

Self-absorption

Answer explanation

Narcissistic leaders typically lack empathy and struggle to understand or care about the feelings of others. They are primarily concerned with their own needs and desires.

3.

OPEN ENDED QUESTION

2 mins • 1 pt

How might a narcissistic CEO's focus on social praise impact their decision-making, and what are the potential consequences for the company?

Evaluate responses using AI:

OFF

Answer explanation

A narcissistic CEO's craving for social praise can lead to impulsive and risky decision-making, such as excessive spending on acquisitions or advertising, even when those decisions are not financially sound. They may prioritise decisions that generate positive press and accolades over strategies that are beneficial for the company in the long run. This behaviour can ultimately harm the company's financial performance and long-term stability.

4.

OPEN ENDED QUESTION

3 mins • 1 pt

The lecture suggest that narcissistic CEOs can lead to both extremely positive and negative company performance. Why is this the case, and what factors might contribute to these fluctuations?

Evaluate responses using AI:

OFF

Answer explanation

Narcissistic CEOs can cause extreme performance fluctuations because their decisions are often driven by ego and a desire for personal glory rather than sound business strategy.

Positive Performance: Initially, their charisma and grand visions can inspire employees and attract investors, leading to periods of rapid growth.

Negative Performance: However, their lack of empathy, reckless spending, and resistance to criticism can quickly lead to poor decisions, damaged relationships, and financial instability.

5.

OPEN ENDED QUESTION

3 mins • 1 pt

How can boards and organisations mitigate the risks associated with narcissistic leadership, especially regarding succession planning?

Evaluate responses using AI:

OFF

Answer explanation

Organisations can mitigate the risks of narcissistic leadership by:

Board Vigilance: Boards need to be vigilant in monitoring CEO behaviour, scrutinising decisions, and demanding accountability.

Succession Planning: Implementing robust succession plans that are not dependent on the narcissistic CEO's preferences is crucial.

Culture of Feedback: Fostering a culture where open and honest feedback is encouraged, even when directed at the CEO, can help counter the narcissist's resistance to criticism.

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the ethical implications of narcissistic leadership, particularly concerning the exploitation of others and a lack of empathy?

Evaluate responses using AI:

OFF

Answer explanation

Narcissistic leadership raises several ethical concerns:

Exploitation: Narcissists often exploit others to achieve their goals, disregarding the well-being of employees, customers, or stakeholders.

Lack of Integrity: Their focus on self-promotion and image management can lead to a lack of transparency and ethical lapses in decision-making.

Toxic Culture: Their behaviour can create a toxic work environment that undermines trust, collaboration, and psychological safety.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decolonising the marketing curriculum involves challenging and dismantling colonial mindsets and structures embedded in traditional marketing practices.

True

False

Answer explanation

Decolonising the marketing curriculum requires challenging and dismantling colonial mindsets, assumptions, and power structures embedded in traditional marketing practices.

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