Question 1

Corporate culture should support the strategy of the firm.

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following is not true of corporate culture?

Accepted Answer

A)  Corporate culture has a strong tendency to resist change. 
B)  Corporate culture can strongly affect an organization's ability to shift its strategic direction. 
C)  A problem for a strong culture is that a change in mission is not likely to be successful if it is in opposition to the accepted corporate culture. 
D)  Corporate culture often rests on preserving stable relationships. 
E)  Corporate culture has little influence on the behavior of the firm's employees. 
A)  Corporate culture has a strong tendency to resist change. 
B)  Corporate culture can strongly affect an organization's ability to shift its strategic direction. 
C)  A problem for a strong culture is that a change in mission is not likely to be successful if it is in opposition to the accepted corporate culture. 
D)  Corporate culture often rests on preserving stable relationships. 
E)  Corporate culture has little influence on the behavior of the firm's employees. E

Question 3

Which type of chief executive officer with a great deal of experience in that particular industry would be appropriate for a corporation following a concentration strategy emphasizing vertical or horizontal growth?

Accepted Answer

A)  professional liquidator 
B)  dynamic industry expert 
C)  turnaround specialist 
D)  analytical portfolio manager 
E)  cautious profit planner 
A)  professional liquidator 
B)  dynamic industry expert 
C)  turnaround specialist 
D)  analytical portfolio manager 
E)  cautious profit planner B

Question 4

Executives with a particular mix of skills and experiences may be classified as an executive type and paired with

Accepted Answer

A)  a specific personal characteristic. 
B)  a specific corporate strategy. 
C)  a certain educational background. 
D)  a specific experience background. 
E)  a specific industry. 
A)  a specific personal characteristic. 
B)  a specific corporate strategy. 
C)  a certain educational background. 
D)  a specific experience background. 
E)  a specific industry.

Question 5

Many TQM principles have been incorporated into the series of standards and certifications of

Accepted Answer

A)  ISO 9000. 
B)  MBO. 
C)  AMT. 
D)  501K 
E)  CDRH 
A)  ISO 9000. 
B)  MBO. 
C)  AMT. 
D)  501K 
E)  CDRH

Question 6

According to the Association for Talent Development, the average annual expenditure per employee on corporate training and development is

Accepted Answer

A)  $0. 
B)  $362. 
C)  $748. 
D)  $1,229. 
E)  $2,361. 
A)  $0. 
B)  $362. 
C)  $748. 
D)  $1,229. 
E)  $2,361.

Question 7

What are the four elements of the MBO process?

Accepted Answer

The Management by Objectives (MBO) proce

Question 8

When Boeing created a separate unit to house the newly acquired operations of McDonnell-Douglas, they were managing the different cultures through separation-structurally separated, without cultural exchange.

Accepted Answer

A) True 
 B)False

Question 9

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations, especially when the past CEO's strategy continued to be successful?

Accepted Answer

A)  They tended to have less loyalty than former CEOs, switching companies at a faster pace. 
B)  They tended to have the same functional specialization as the former CEO. 
C)  They tended to be more aggressive in their risk-taking than former CEOs. 
D)  They tended to rely more on skills developed through group decision-making. 
E)  They tended to be turnaround specialists. 
A)  They tended to have less loyalty than former CEOs, switching companies at a faster pace. 
B)  They tended to have the same functional specialization as the former CEO. 
C)  They tended to be more aggressive in their risk-taking than former CEOs. 
D)  They tended to rely more on skills developed through group decision-making. 
E)  They tended to be turnaround specialists.

Question 10

An essential ingredient of MBO is that an employee must be just as concerned with pleasing the internal customer as the external customer.

Accepted Answer

A) True 
 B)False

Question 11

A key to the effective management of change is communication.

Accepted Answer

A) True 
 B)False

Question 12

Research suggests that boards of directors tend to look outside the firm for the next CEO under which of the following circumstance?

Accepted Answer

A)  when the company is prosperous 
B)  when the company is having R&D challenges 
C)  when the company is in trouble 
D)  when the company needs to follow a stability strategy 
E)  when the company needs to expand in order to continue growing 
A)  when the company is prosperous 
B)  when the company is having R&D challenges 
C)  when the company is in trouble 
D)  when the company needs to follow a stability strategy 
E)  when the company needs to expand in order to continue growing

Question 13

Corporate culture has a strong tendency to resist change because its very reason for existence often rests on preserving stable relationships and patterns of behavior.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is not descriptive of the purpose of MBO?

Accepted Answer

A)  MBO provides an opportunity for the corporation to connect the objectives of people at each level to those at the next higher level. 
B)  MBO operates independently and requires very little supervision or administration. 
C)  The goals at each level ideally contribute directly towards overall organizational objectives. 
D)  MBO provides a potential method of integrating the physical, financial and human resource plans of an organization as it relates to the goals of the individual. 
E)  MBO ties the corporate, business, and functional objectives together along with the strategies used to achieve them. 
A)  MBO provides an opportunity for the corporation to connect the objectives of people at each level to those at the next higher level. 
B)  MBO operates independently and requires very little supervision or administration. 
C)  The goals at each level ideally contribute directly towards overall organizational objectives. 
D)  MBO provides a potential method of integrating the physical, financial and human resource plans of an organization as it relates to the goals of the individual. 
E)  MBO ties the corporate, business, and functional objectives together along with the strategies used to achieve them.

Question 15

Successful prospector firms tend to be headed by CEOs with backgrounds in the areas of

Accepted Answer

A)  research/engineering and general management. 
B)  accounting/finance, manufacturing/production, and general management. 
C)  marketing/sales. 
D)  human resources and strategy. 
E)  purchasing and logistics. 
A)  research/engineering and general management. 
B)  accounting/finance, manufacturing/production, and general management. 
C)  marketing/sales. 
D)  human resources and strategy. 
E)  purchasing and logistics.

Question 16

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Accepted Answer

A) True 
 B)False

Question 17

The method of managing two different cultures that is often accompanied by much confusion, conflict, resentment, and stress is

Accepted Answer

A)  consolidation. 
B)  integration. 
C)  separation. 
D)  deculturation. 
E)  assimilation. 
A)  consolidation. 
B)  integration. 
C)  separation. 
D)  deculturation. 
E)  assimilation.

Question 18

When managing corporate culture, the first question management must ask is

Accepted Answer

A)  what the change in strategy means to the corporate culture. 
B)  whether a change in culture is needed. 
C)  whether an attempt to change the culture is worth the likely costs. 
D)  whether it is possible to manage around the culture. 
E)  whether stakeholders will be impacted. 
A)  what the change in strategy means to the corporate culture. 
B)  whether a change in culture is needed. 
C)  whether an attempt to change the culture is worth the likely costs. 
D)  whether it is possible to manage around the culture. 
E)  whether stakeholders will be impacted.

Question 19

Nardelli's failed attempt to replace Home Depot's old informal entrepreneurial collaborative culture with one of military efficiency is a testament to

Accepted Answer

A)  the strength of corporate culture. 
B)  the importance of collaborative environments. 
C)  the failure of the human resources staff. 
D)  the iron rule of some CEOs. 
E)  the costs of measurement. 
A)  the strength of corporate culture. 
B)  the importance of collaborative environments. 
C)  the failure of the human resources staff. 
D)  the iron rule of some CEOs. 
E)  the costs of measurement.

Question 20

TQM is an operational philosophy committed to customer satisfaction and continuous improvement.

Accepted Answer

A) True 
 B)False

Corporate culture should support the strategy of the firm.

Which of the following is not true of corporate culture?

Which type of chief executive officer with a great deal of experience in that particular industry would be appropriate for a corporation following a concentration strategy emphasizing vertical or horizontal growth?

Executives with a particular mix of skills and experiences may be classified as an executive type and paired with

Many TQM principles have been incorporated into the series of standards and certifications of

According to the Association for Talent Development, the average annual expenditure per employee on corporate training and development is

What are the four elements of the MBO process?

When Boeing created a separate unit to house the newly acquired operations of McDonnell-Douglas, they were managing the different cultures through separation-structurally separated, without cultural exchange.

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations, especially when the past CEO's strategy continued to be successful?

An essential ingredient of MBO is that an employee must be just as concerned with pleasing the internal customer as the external customer.

A key to the effective management of change is communication.

Research suggests that boards of directors tend to look outside the firm for the next CEO under which of the following circumstance?

Corporate culture has a strong tendency to resist change because its very reason for existence often rests on preserving stable relationships and patterns of behavior.

Which of the following is not descriptive of the purpose of MBO?

Successful prospector firms tend to be headed by CEOs with backgrounds in the areas of

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

The method of managing two different cultures that is often accompanied by much confusion, conflict, resentment, and stress is

When managing corporate culture, the first question management must ask is

Nardelli's failed attempt to replace Home Depot's old informal entrepreneurial collaborative culture with one of military efficiency is a testament to

TQM is an operational philosophy committed to customer satisfaction and continuous improvement.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 11: Strategy Implementation: Staffing and Directing

Corporate culture should support the strategy of the firm.

Which of the following is not true of corporate culture?

Which type of chief executive officer with a great deal of experience in that particular industry would be appropriate for a corporation following a concentration strategy emphasizing vertical or horizontal growth?

Executives with a particular mix of skills and experiences may be classified as an executive type and paired with

Many TQM principles have been incorporated into the series of standards and certifications of

According to the Association for Talent Development, the average annual expenditure per employee on corporate training and development is

What are the four elements of the MBO process?

When Boeing created a separate unit to house the newly acquired operations of McDonnell-Douglas, they were managing the different cultures through separation-structurally separated, without cultural exchange.

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations, especially when the past CEO's strategy continued to be successful?

An essential ingredient of MBO is that an employee must be just as concerned with pleasing the internal customer as the external customer.

A key to the effective management of change is communication.

Research suggests that boards of directors tend to look outside the firm for the next CEO under which of the following circumstance?

Corporate culture has a strong tendency to resist change because its very reason for existence often rests on preserving stable relationships and patterns of behavior.

Which of the following is not descriptive of the purpose of MBO?

Successful prospector firms tend to be headed by CEOs with backgrounds in the areas of

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

The method of managing two different cultures that is often accompanied by much confusion, conflict, resentment, and stress is

When managing corporate culture, the first question management must ask is

Nardelli's failed attempt to replace Home Depot's old informal entrepreneurial collaborative culture with one of military efficiency is a testament to

TQM is an operational philosophy committed to customer satisfaction and continuous improvement.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Evaluation and Control

Suggestions for Case Analysis

Filters