Question 1

What are some of the approaches a company can take to identify and prepare its people for important positions?

Accepted Answer

A company can identify and prepare its p

Question 2

Which one of the following is not one of the characteristics possessed by companies that have made successful major culture changes?

Accepted Answer

A)  The CEO has a strategic vision of what the company could become. 
B)  If the vision is difficult, the CEO immediately terminates the goal. 
C)  The vision is translated into objective, well-defined goals with appropriate incentives and recognition aides. 
D)  The CEO communicates to all employees where the organization stands in relation to the competition and its outlook on the future. 
E)  The CEO constantly updates the workforce as to the progress of the company in achieving those elements identified as important in attaining the vision. 
A)  The CEO has a strategic vision of what the company could become. 
B)  If the vision is difficult, the CEO immediately terminates the goal. 
C)  The vision is translated into objective, well-defined goals with appropriate incentives and recognition aides. 
D)  The CEO communicates to all employees where the organization stands in relation to the competition and its outlook on the future. 
E)  The CEO constantly updates the workforce as to the progress of the company in achieving those elements identified as important in attaining the vision.

Question 3

According to a study of downsizing in the U.S. automobile-related industry, all of the following are problems associated with inappropriate downsizing EXCEPT

Accepted Answer

A)  outsourcing was eliminated. 
B)  blanket offers for early retirement prompted even valuable employees to leave. 
C)  surviving employees experienced decreased morale. 
D)  surviving employees had to do extra work in addition to their own. 
E)  the wrong jobs were eliminated. 
A)  outsourcing was eliminated. 
B)  blanket offers for early retirement prompted even valuable employees to leave. 
C)  surviving employees experienced decreased morale. 
D)  surviving employees had to do extra work in addition to their own. 
E)  the wrong jobs were eliminated.

Question 4

One of the real benefits of MBO is the reduction in the amount of

Accepted Answer

A)  internal politics. 
B)  culture clash. 
C)  overhead expenses. 
D)  defects. 
E)  compensation paid. 
A)  internal politics. 
B)  culture clash. 
C)  overhead expenses. 
D)  defects. 
E)  compensation paid.

Question 5

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

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

Question 6

What is an executive type? What is its significance to strategy?

Accepted Answer

Executives with a particular mix of skil

Question 7

Successful analyzer 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 8

Training is especially important in reinforcing the customer service culture at Zappos where

Accepted Answer

A)  new employees are offered money to quit. 
B)  employees are just interested in getting a paycheck. 
C)  training does not include any tests. 
D)  a cost leadership strategy is being used. 
E)  little screening of employees occurs. 
A)  new employees are offered money to quit. 
B)  employees are just interested in getting a paycheck. 
C)  training does not include any tests. 
D)  a cost leadership strategy is being used. 
E)  little screening of employees occurs.

Question 9

Which one of the following is not one of the four general methods of managing two different cultures?

Accepted Answer

A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation 
A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation

Question 10

Succession planning has become the most important topic discussed by boards of directors.

Accepted Answer

A) True 
 B)False

Question 11

Companies that pursue related diversification strategies through internal development make greater use of interdivisional transfers of people than do companies that grow through unrelated acquisitions.

Accepted Answer

A) True 
 B)False

Question 12

TQM links organizational objectives and the behavior of individuals.

Accepted Answer

A) True 
 B)False

Question 13

What information should an action plan include?

Accepted Answer

An action plan should include the follow

Question 14

Downsizing refers to the planned elimination of positions or jobs; it is often used to implement retrenchment strategies.

Accepted Answer

A) True 
 B)False

Question 15

TQM is committed to

Accepted Answer

A)  quality/excellence. 
B)  improved communication. 
C)  culture compatibility. 
D)  mass customization. 
E)  modular manufacturing. 
A)  quality/excellence. 
B)  improved communication. 
C)  culture compatibility. 
D)  mass customization. 
E)  modular manufacturing.

Question 16

The process of replacing a key top manager is called

Accepted Answer

A)  executive succession. 
B)  executive placement. 
C)  executive strategy. 
D)  executive search. 
E)  executive outside succession. 
A)  executive succession. 
B)  executive placement. 
C)  executive strategy. 
D)  executive search. 
E)  executive outside succession.

Question 17

What percent of large U.S. companies have CEO succession plans in place?

Accepted Answer

A)  10 
B)  25 
C)  50 
D)  75 
E)  90 
A)  10 
B)  25 
C)  50 
D)  75 
E)  90

Question 18

To effectively manage strategic changes, it is important to communicate

Accepted Answer

A)  to management without letting other employees know until the change is complete. 
B)  the rationale for the change to all employees. 
C)  the change in just the centralized location so as not to upset any decentralized locations. 
D)  in only company newsletters. 
E)  with only those immediately involved in the change. 
A)  to management without letting other employees know until the change is complete. 
B)  the rationale for the change to all employees. 
C)  the change in just the centralized location so as not to upset any decentralized locations. 
D)  in only company newsletters. 
E)  with only those immediately involved in the change.

Question 19

Which type of chief executive officer with a conservative style, a production or engineering background, and experience with controlling budgets, capital expenditures, inventories, and standardization procedures would be appropriate for a corporation following a stability strategy?

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

Question 20

Which of the following is not a guideline proposed for successful downsizing?

Accepted Answer

A)  Contract out work that others can do cheaper. 
B)  Plan for long-run efficiencies. 
C)  Make across-the-board cuts. 
D)  Communicate the reasons for actions. 
E)  Invest in the remaining employees. 
A)  Contract out work that others can do cheaper. 
B)  Plan for long-run efficiencies. 
C)  Make across-the-board cuts. 
D)  Communicate the reasons for actions. 
E)  Invest in the remaining employees.

What are some of the approaches a company can take to identify and prepare its people for important positions?

Which one of the following is not one of the characteristics possessed by companies that have made successful major culture changes?

According to a study of downsizing in the U.S. automobile-related industry, all of the following are problems associated with inappropriate downsizing EXCEPT

One of the real benefits of MBO is the reduction in the amount of

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

What is an executive type? What is its significance to strategy?

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

Training is especially important in reinforcing the customer service culture at Zappos where

Which one of the following is not one of the four general methods of managing two different cultures?

Succession planning has become the most important topic discussed by boards of directors.

Companies that pursue related diversification strategies through internal development make greater use of interdivisional transfers of people than do companies that grow through unrelated acquisitions.

TQM links organizational objectives and the behavior of individuals.

What information should an action plan include?

Downsizing refers to the planned elimination of positions or jobs; it is often used to implement retrenchment strategies.

TQM is committed to

The process of replacing a key top manager is called

What percent of large U.S. companies have CEO succession plans in place?

To effectively manage strategic changes, it is important to communicate

Which type of chief executive officer with a conservative style, a production or engineering background, and experience with controlling budgets, capital expenditures, inventories, and standardization procedures would be appropriate for a corporation following a stability strategy?

Which of the following is not a guideline proposed for successful downsizing?

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

What are some of the approaches a company can take to identify and prepare its people for important positions?

Which one of the following is not one of the characteristics possessed by companies that have made successful major culture changes?

According to a study of downsizing in the U.S. automobile-related industry, all of the following are problems associated with inappropriate downsizing EXCEPT

One of the real benefits of MBO is the reduction in the amount of

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

What is an executive type? What is its significance to strategy?

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

Training is especially important in reinforcing the customer service culture at Zappos where

Which one of the following is not one of the four general methods of managing two different cultures?

Succession planning has become the most important topic discussed by boards of directors.

Companies that pursue related diversification strategies through internal development make greater use of interdivisional transfers of people than do companies that grow through unrelated acquisitions.

TQM links organizational objectives and the behavior of individuals.

What information should an action plan include?

Downsizing refers to the planned elimination of positions or jobs; it is often used to implement retrenchment strategies.

TQM is committed to

The process of replacing a key top manager is called

What percent of large U.S. companies have CEO succession plans in place?

To effectively manage strategic changes, it is important to communicate

Which type of chief executive officer with a conservative style, a production or engineering background, and experience with controlling budgets, capital expenditures, inventories, and standardization procedures would be appropriate for a corporation following a stability strategy?

Which of the following is not a guideline proposed for successful downsizing?

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