Exam 11: Evaluation and Control

Who determines how to enact a firm's control mission, and determine what control actions are needed and when, where, and how to implement them in order to successfully complete the control process?

Which of the following statements about disruptive technological change is false?

Scenario planning tends to vary one quantifiable variable while holding others constant to see the likely effect.

According to _____, experts rank different potential future outcomes and through an iterative process these predictions are refined until a prediction of what the future may hold is reached.

International firms need strategic controls that ensure appropriate actions are being taken today to help the firm tomorrow, but not if the short-term outcomes of these actions are costly.

Top management sets in motion the actions that implement the board's strategic choices.

A firm's competitiveness is indirectly affected by its external environment.

Managers seeing opportunities and shifting the organization to that new direction are using a(n):

Changes in the evaluation and control of personnel facilitated the adoption of quality control techniques.

_____ is a radical redesign of an organization's processes so that they can be executed in parallel, and the tasks undertaken by nonspecialists.

Business people often like to believe that firms will automatically make changes as their competitive environment changes.

Which of the following statements about strategic controls is true?

What is organizational control? Why is it important for a worldwide firm?

_____ is a group of workers that regularly confers on ways to improve both the quality of a product and its production process.

What is the Balanced Scorecard?