Quiz on Corporate Survival and Ambidextrous Leadership

What percentage of companies fail to reach their 10th birthday?

• 10%

• 20%

• 30%

• 40%

What does ambidextrous leadership refer to?

• Ignoring market trends

• Only exploring new markets

• Focusing solely on current business

• Balancing current business with future opportunities

Which company filed for bankruptcy in 2012?

• Fujifilm

• Kodak

• LEGO

• Sony

What was LEGO's core business focus according to its CEO?

• Theme parks

• Clothing

• Educational toys

• Digital technologies

What is exploitation in a business context?

• Ignoring market opportunities

• Investing in risky ventures

• Maximizing current products and services

• Exploring new opportunities

What was the annual revenue increase of LEGO from 2004 to 2020?

• Five times

• Three times

• Seven times

• Ten times

What is the main challenge for ambidextrous leaders?

• Avoiding customer feedback

• Managing only one business model

• Balancing exploitative and explorative models

• Focusing solely on innovation

What does exploration involve in a business context?

• Reducing operational costs

• Focusing on current market trends

• Looking for new opportunities

• Maximizing existing products

What was the CEO of Fujifilm's strategic focus in 2000?

• Investing in traditional film

• Exploring digital technologies

• Diversifying into new areas

• Consolidating existing markets

What is a key trait of good leaders according to the text?

• Avoiding risks at all costs

• Balancing current success with future growth

• Focusing only on current success

• Ignoring team alignment