1. Which management guru put forth the '525 rule'?
a) Dipak Jain
b) Sumantra Ghoshal
c) C K Prahalad
Wrong! Try again..
Wrong! The correct answer is Sumantra Ghoshal.
The '525' rule meant that 25 percent of a company's sales revenue should accrue from products launched during the last 5 years. Sumantra Ghoshal holds doctoral degrees in Management from, both, MIT and Harvard. He currently has the Robert P Bauman Chair in Strategic Leadership at the London Business School. He is recognised for his research and teaching on strategic, organisational and managerial issues confronting global companies.
Correct!
The '525' rule meant that 25 percent of a company's sales revenue should accrue from products launched during the last 5 years. Sumantra Ghoshal holds doctoral degrees in Management from, both, MIT and Harvard. He currently has the Robert P Bauman Chair in Strategic Leadership at the London Business School. He is recognised for his research and teaching on strategic, organisational and managerial issues confronting global companies.
2. Which business guru postulated the I-theory?
a) Ram Charan
b) Arindham Chaudhuri
c) Nitin Nohria
Wrong! Try again..
Wrong! The correct answer is Arindham Chaudhuri.
Arindham Chaudhuri's Theory 'I' is an attempt to understand and define the Indian worker just like the Japanese had tried to do with their Theory 'Z'. The principles of 'Theory I Management' are that most Indians value emotions and long-term relationships and growth opportunities and commitment. It also states that Indians' cultural roots of tolerance often make them complacent and lack of patriotism at a macro level leaves us aimless.
Correct!
Arindham Chaudhuri's Theory 'I' is an attempt to understand and define the Indian worker just like the Japanese had tried to do with their Theory 'Z'. The principles of 'Theory I Management' are that most Indians value emotions and long-term relationships and growth opportunities and commitment. It also states that Indians' cultural roots of tolerance often make them complacent and lack of patriotism at a macro level leaves us aimless.
3. C K Prahalad introduced which phrase to the business lexicon?
a) Competing for the future
b) Core competence
c) Re-engineering the corporation
Wrong! Try again..
Wrong! The correct answer is core competence.
In 1990, C K Prahalad co-wrote an essay with Gary Hamel called 'The core competence of the corporation.' That essay became of the most reproduced articles in business writing. Today, C K Prahalad is the Harvey C Fruehauf Professor of Business Administration at the University of Michigan Business School. He specialises in corporate strategy and the role and value added of top management in large diversified, multinational corporations.
Correct!
In 1990, C K Prahalad co-wrote an essay with Gary Hamel called 'The core competence of the corporation.' That essay became of the most reproduced articles in business writing. Today, C K Prahalad is the Harvey C Fruehauf Professor of Business Administration at the University of Michigan Business School. He specialises in corporate strategy and the role and value added of top management in large diversified, multinational corporations.
4. Which business guru's book co-authored a book along with Sumantra Ghoshal called The Differentiated Network?
a) Vijay Govindarajan
b) Christopher Bartlett
c) Nitin Nohria
Wrong! Try again..
Wrong! The correct answer is Nitin Nohria .
The Differentiated Network was released in 1997. In the book, the duo put together a viable alternative for a dynamic global economy where multinational corporations face competitive challenges that traditional, hierarchical hub and spoke organisations are simply not geared to meet. The differentiated network is the alternative that they have.
Correct!
The Differentiated Network was released in 1997. In the book, the duo put together a viable alternative for a dynamic global economy where multinational corporations face competitive challenges that traditional, hierarchical hub and spoke organisations are simply not geared to meet. The differentiated network is the alternative that they have.
5. In its 2001 ranking, BusinessWeek rated which Indian consultant number two on the top ten list of business thinkers?
a) Ram Charan
b) Sumantra Ghoshal
c) C K Prahalad
Wrong! Try again..
Wrong! The correct answer is Ram Charan.
Ram Charan, a highly acclaimed business advisor, speaker and author, started his career as a teenager working in the family shoe shop in India. He went on to earn an engineering degree, an MBA and a doctorate from Harvard Business School. Later he was a part of the Harvard Business School faculty.
Correct!
Ram Charan, a highly acclaimed business advisor, speaker and author, started his career as a teenager working in the family shoe shop in India. He went on to earn an engineering degree, an MBA and a doctorate from Harvard Business School. Later he was a part of the Harvard Business School faculty.