MCQ 5 and 6

[Jeremy Bartlett]

The Quest for Resilience by Gary Hamel. Pg 3.

Companies hoping to become resilient must address four challenges in
order to do so. Which of the following does NOT address the challenges
assiociated with becoming resilient?

A) A company must become entirely free of denial, nostalgia, and
arrogance.
***B) Perfecting an efficient practice in doing business - be it
getting a product to a customer or providing a service for an area***
C) An organization must be able to divert resources from yesterdays
products and programs to tomorrow's.
D) Questioning the doctrine of optimization. Companies will need to
embrace a creed that extends beyond operational excellence and
flawless execution
E) Resilience requires alternatives as well as awareness - the ability
to create a plethora of new options as compelling alternatives to
dying strategies

HBR Beating the Odds when launching a new Venture - PG 6/7 under
"Manage Experiments Efficiently"

All of the following concepts will help with making the process of
launching a new venture more efficient EXCEPT:

A) It’s often better to get something into the market quickly, learn
from it, and move on to the next phase of development than to analyze
an idea to death and try to perfect it before launch
***B) Find a systematic approach to identifying and mitigating risks
to eliminate them***
C) Some ventures are simply not going to work. The sooner you cut your
losses, the sooner you can go on to the next venture
D) Experiments are meant to help redirect a venture, not to confirm
that your initial ideas were correct.
E) Experiments should be simple and focused on resolving uncertainties
one by one