Question 1

Which term is primarily concerned with shareholder well-being rather than employee well-being?

Accepted Answer

A)  Benchmarking 
B)  Reengineering 
C)  Product redesign 
D)  Process management 
E)  Restructuring 
A)  Benchmarking 
B)  Reengineering 
C)  Product redesign 
D)  Process management 
E)  Restructuring

Question 2

The advantage of the educative change strategy is that implementation is quick and relatively easy.

Accepted Answer

A) True 
 B)False

Question 3

What is the most complex form of organizational structure?

Accepted Answer

A)  Divisional 
B)  SBU 
C)  Matrix 
D)  Functional 
E)  Geographic 
A)  Divisional 
B)  SBU 
C)  Matrix 
D)  Functional 
E)  Geographic

Question 4

Most large companies have abandoned the functional structure in favor of decentralization.

Accepted Answer

A) True 
 B)False

Question 5

When developing an organizational chart, you should

Accepted Answer

A)  recommend dual titles for executives. 
B)  use the title "president" for the top executive of the firm. 
C)  make sure that the chief financial officer is not at the same level as the chief operating officer (COO). 
D)  have division presidents report to a chief operating officer (COO). 
E)  have employees report to more than one person in the chain of command. 
A)  recommend dual titles for executives. 
B)  use the title "president" for the top executive of the firm. 
C)  make sure that the chief financial officer is not at the same level as the chief operating officer (COO). 
D)  have division presidents report to a chief operating officer (COO). 
E)  have employees report to more than one person in the chain of command.

Question 6

List three of the primary reasons annual objectives are essential for strategy implementation.

Accepted Answer

Students should list three of the follow

Question 7

Undesirable conduct such as distorting the records can be a result of overemphasis on achieving objectives.

Accepted Answer

A) True 
 B)False

Question 8

Medium-sized firms tend to use which type of structure?

Accepted Answer

A)  Divisional 
B)  Matrix 
C)  SBU 
D)  Functional 
E)  Centralized 
A)  Divisional 
B)  Matrix 
C)  SBU 
D)  Functional 
E)  Centralized

Question 9

Tasks and activities are grouped together by business function in a divisional organizational structure.

Accepted Answer

A) True 
 B)False

Question 10

Implementing strategy affects all the functional areas of a business and may influence some divisional areas of a business.

Accepted Answer

A) True 
 B)False

Question 11

The Omega Company sells two very different types of products, each of which needed special emphasis. The type of structure that would best suit the Omega Company is the ________ structure.

Accepted Answer

A)  divisional-by-size 
B)  divisional-by-process 
C)  divisional-by-geography 
D)  divisional-by-region 
E)  divisional-by-product 
A)  divisional-by-size 
B)  divisional-by-process 
C)  divisional-by-geography 
D)  divisional-by-region 
E)  divisional-by-product

Question 12

Reengineering always affects the organizational structure and involves job loss.

Accepted Answer

A) True 
 B)False

Question 13

Well-being programs

Accepted Answer

A)  are too expensive for most companies to afford. 
B)  are desired by employees, but don't provide value to the company. 
C)  are becoming more prevalent as companies realize the benefits to the firm. 
D)  attract prospective employees who then fail to take advantage of them. 
E)  are facing legal challenges from the health-care industry. 
A)  are too expensive for most companies to afford. 
B)  are desired by employees, but don't provide value to the company. 
C)  are becoming more prevalent as companies realize the benefits to the firm. 
D)  attract prospective employees who then fail to take advantage of them. 
E)  are facing legal challenges from the health-care industry.

Question 14

A functional structure can be effective at eliminating short-term and narrow thinking.

Accepted Answer

A) True 
 B)False

Question 15

Formal statements of organizational philosophy, charters, creeds, materials used for recruitment and selection, and socialization help an organization

Accepted Answer

A)  abide by SEC rules. 
B)  link culture to strategy. 
C)  set guidelines for firing. 
D)  increase profits. 
E)  manage conflicts between stakeholders. 
A)  abide by SEC rules. 
B)  link culture to strategy. 
C)  set guidelines for firing. 
D)  increase profits. 
E)  manage conflicts between stakeholders.

Question 16

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

Accepted Answer

A) True 
 B)False

Question 17

Conflict in an organization is

Accepted Answer

A)  always bad. 
B)  always good. 
C)  not always bad. 
D)  a sign of bankruptcy. 
E)  completely avoidable. 
A)  always bad. 
B)  always good. 
C)  not always bad. 
D)  a sign of bankruptcy. 
E)  completely avoidable.

Question 18

Market penetration can be defined as the subdividing of a market into distinct subsets of customers according to needs and buying habits.

Accepted Answer

A) True 
 B)False

Question 19

With the matrix structure it is common for functional resources to be duplicated.

Accepted Answer

A) True 
 B)False

Question 20

Effective strategy formulation can usually guarantee successful strategy implementation.

Accepted Answer

A) True 
 B)False

Which term is primarily concerned with shareholder well-being rather than employee well-being?

The advantage of the educative change strategy is that implementation is quick and relatively easy.

What is the most complex form of organizational structure?

Most large companies have abandoned the functional structure in favor of decentralization.

When developing an organizational chart, you should

List three of the primary reasons annual objectives are essential for strategy implementation.

Undesirable conduct such as distorting the records can be a result of overemphasis on achieving objectives.

Medium-sized firms tend to use which type of structure?

Tasks and activities are grouped together by business function in a divisional organizational structure.

Implementing strategy affects all the functional areas of a business and may influence some divisional areas of a business.

The Omega Company sells two very different types of products, each of which needed special emphasis. The type of structure that would best suit the Omega Company is the ________ structure.

Reengineering always affects the organizational structure and involves job loss.

Well-being programs

A functional structure can be effective at eliminating short-term and narrow thinking.

Formal statements of organizational philosophy, charters, creeds, materials used for recruitment and selection, and socialization help an organization

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

Conflict in an organization is

Market penetration can be defined as the subdividing of a market into distinct subsets of customers according to needs and buying habits.

With the matrix structure it is common for functional resources to be duplicated.

Effective strategy formulation can usually guarantee successful strategy implementation.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Finance and Accounting Issues

Strategy Evaluation and Governance

Business Ethics, Environmental Sustainability, and Social Responsibility

Global and International Issues

Filters

Exam 7: Implementing Strategies: Management and Marketing Issues

Which term is primarily concerned with shareholder well-being rather than employee well-being?

The advantage of the educative change strategy is that implementation is quick and relatively easy.

What is the most complex form of organizational structure?

Most large companies have abandoned the functional structure in favor of decentralization.

When developing an organizational chart, you should

List three of the primary reasons annual objectives are essential for strategy implementation.

Undesirable conduct such as distorting the records can be a result of overemphasis on achieving objectives.

Medium-sized firms tend to use which type of structure?

Tasks and activities are grouped together by business function in a divisional organizational structure.

Implementing strategy affects all the functional areas of a business and may influence some divisional areas of a business.

The Omega Company sells two very different types of products, each of which needed special emphasis. The type of structure that would best suit the Omega Company is the ________ structure.

Reengineering always affects the organizational structure and involves job loss.

Well-being programs

A functional structure can be effective at eliminating short-term and narrow thinking.

Formal statements of organizational philosophy, charters, creeds, materials used for recruitment and selection, and socialization help an organization

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

Conflict in an organization is

Market penetration can be defined as the subdividing of a market into distinct subsets of customers according to needs and buying habits.

With the matrix structure it is common for functional resources to be duplicated.

Effective strategy formulation can usually guarantee successful strategy implementation.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Finance and Accounting Issues

Strategy Evaluation and Governance

Business Ethics, Environmental Sustainability, and Social Responsibility

Global and International Issues

Filters