Exam 8: Evaluation and Control in Strategic Planning

In setting the control standards, which of the following is not a necessary step taken by the organization _________?

Strategy evaluation and control process needs to be decided and installed so that the organization can formulate and implement strategies.

High-performing employees are not facilitators of the implementation of the organization's strategies.

Numerous external factors that can prohibit firms from achieving annual and long-term objectives include all except ___________.

____________ is a step in which there is a substantial difference between strategic control and operational control.

Different types of strategies are proposed by Henry Mintzberg except _____________.

Strategy evaluation and control process needs to be a continuous monitoring process.

"Specify and enforce rules of the game" is the main managerial solution to ___________.

Potential problems associated with using quantitative criteria for evaluating strategies include all of the following but ______________.

Evaluation is more about directly ordering and assessing what tasks should be done, when, and how in any dynamic environment rather than wasting resources on building influence and trust.

The intended and realized strategies may differ due to _____________.

Deciding on internal changes and taking corrective action may involve changes in only objectives and targets.

While determining the reasons for the deviations, in operational control, the primary concern is focused on finding the external causes that need to be changed.

The six qualitative questions which are useful in evaluating strategies are suggested by ____________.

Strategy evaluation is more difficult in the present times due to increasing difficulty of predicting the future with accuracy.

Which of the following are internal factors that prohibit firms from achieving long-term and annual objective?

Among many benefits of strategy evaluation stated in this chapter, list the top three in your opinion and justify the ranking with examples.

If changes in the external environment are so severe that revising the objectives or even the corporate mission are mandated, then the changes can be directly implemented.

The intended and realized strategies may differ due to failure in leadership to motivate employees to pursue the intended strategy.

_____________ is the process of evaluating strategic plans and monitoring organizational performance.