Exam 8: Implementing Strategies: Management and Operations Issues

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JIT significantly increases the costs of implementing strategies.

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In developing an organizational chart,avoid having a particular person reporting to more than one person above them in the chain of command.

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Strategy formulation

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Discuss the dos and don'ts in developing organizational charts.

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Resistance to change can be considered the single greatest threat to successful strategy implementation.

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Policies refer to specific guidelines,methods,procedures,rules,forms,and administrative practices established to support and encourage work toward stated goals.

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ESOPs work well even in firms with fluctuating payrolls and profits.

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What action involves reconfiguring or redesigning work,jobs and processes for the purpose of improving costs,quality,service and speed?

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The focus of restructuring is changing the way work is actually carried out.

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Managing as if the earth matters requires an understanding of how international trade,competitiveness and global resources are connected.

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The rational change strategy is one that presents information to convince people of the need for change.

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Medium- sized firms tend to be divisionally structured,whereas large firms tend to use an SBU (strategic business unit)or matrix structure.

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Conflict in an organization is

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When an organization has a divisional structure by customer,it can effectively cater to the requirements of clearly defined customer groups.

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In recent years,powerful Arab businesswomen have made their mark on the international scene.

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How would Hershey's current divisional structure most likely be classified?

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A disagreement between two or more parties on one or more issues is called a(n)

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Cornerstones of reengineering are decentralization,reciprocal interdependence and information sharing.

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is not a major factor in prohibiting effective resource allocation.

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When developing an organizational chart,you should

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