Exam 7: Implementing Strategies: Management and Operations Issues

Not allocating resources according to the priorities indicated by approved objectives is detrimental to the strategic-management process.

Changing a strategy to fit an existing culture

What are five differences between strategy formulation and strategy implementation?

Which company has committed almost $8 billion over 10 years to diversify its workforce and to use more minority suppliers?

Which term is best defined as a central management activity that allows for strategy execution?

Compare and contrast restructuring and reengineering.

A rational change strategy means giving orders and enforcing those orders.

When developing an organizational chart,it is not wise to recommend a dual title for just one executive.

A firm uses information technology to break down functional barriers and create a work system based on business processes,products,or outputs rather than on functions or inputs in

Which of the following statements is true?

Six Sigma is generally equally successful in retail firms and manufacturing firms.

It is always easier to say you are going to do something (strategy formulation)than to actually do it (strategy implementation).

Strategies clarify what can and cannot be done in pursuit of an organization's objectives.

Effective strategy formulation can usually guarantee successful strategy implementation.

All of the following statements regarding the recent trend in Japan of switching from seniority-based pay to performance-based approaches are true except:

A concern in matching managers with strategy is that jobs have relatively ________ responsibilities,while people are ________ in their development.

Restructuring is also called rightsizing.

Which of these is true about strategy implementation?

Name at least ten issues that may require a management policy.

With a divisional structure,it is possible that competition between divisions may become so intense that it leads to improved sharing of ideas and resources for the common good of the firm.