Question 1

Attendance was mandatory even for top brass at Bratton's semi-weekly strategy review meetings.

Accepted Answer

A) True 
 B)False

Question 2

Strategic options are teams of people organized to develop new markets, create new products, pursue process innovations or launch new corporate ventures.

Accepted Answer

A) True 
 B)False

Question 3

Over time, strategic planning processes have shifted from linear, hierarchical top-down process to be more interactive and involving of multiple levels.

Accepted Answer

A) True 
 B)False

Question 4

Define autonomous initiatives and provide an example.

Accepted Answer

Autonomous initiatives emerge as the res

Question 5

What is the difference between an induced initiative and an autonomous initiative in the strategic planning and resource allocation process?

Accepted Answer

Induced initiatives are carried out with

Question 6

Which of the following is not a classical type of formal organizational structure?

Accepted Answer

A)  functional 
B)  divisional 
C)  matrix 
D)  boundaryless 
A)  functional 
B)  divisional 
C)  matrix 
D)  boundaryless

Question 7

__________ organizations operate with a central core group composed of a relatively small staff of full-time employees who are responsible for key strategic activities and outsource all others.

Accepted Answer

A)  Divisional 
B)  Matrix 
C)  Network 
D)  Functional 
A)  Divisional 
B)  Matrix 
C)  Network 
D)  Functional

Question 8

Which of the following is typically the first step in strategic planning?

Accepted Answer

A)  Vision 
B)  Corporate analysis 
C)  Action planning 
D)  Budgeting 
A)  Vision 
B)  Corporate analysis 
C)  Action planning 
D)  Budgeting

Question 9

Strategy _________ is an interactive process of experimenting with structures and routines that will refine strategic directions.

Accepted Answer

A)  Initiatives 
B)  Execution 
C)  Options 
D)  Planning 
A)  Initiatives 
B)  Execution 
C)  Options 
D)  Planning

Question 10

What are some of the important networks in Silicon Valley? How does geographic proximity facilitate their interaction?

Accepted Answer

Possible answers include venture capital

Question 11

What are some of the advantages and disadvantages of a network organization?

Accepted Answer

Possible advantages include cost effecti

Question 12

Strategic planning is the mechanism used by organizations to align culture, people, and structure to strategy and to generate change.

Accepted Answer

A) True 
 B)False

Question 13

IBM's initial personal computer followed the strategy of sourcing hardware internally, not purchasing components from outside.

Accepted Answer

A) True 
 B)False

Question 14

Employees of Trader Joe's are called "crew."

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not true about control systems?

Accepted Answer

A)  Measure the extent that action and decisions in the organization are consistent with management intent 
B)  Give the executives information about whether current strategies are still appropriate 
C)  Include finance indicators 
D)  Informal process 
A)  Measure the extent that action and decisions in the organization are consistent with management intent 
B)  Give the executives information about whether current strategies are still appropriate 
C)  Include finance indicators 
D)  Informal process

Question 16

How can individual and unit performance be improved?

Accepted Answer

One possible answer might be that many l

Question 17

Which of the following does not characterize strategic planning by managers?

Accepted Answer

A)  Always a monthly process 
B)  Reflect on vision 
C)  Analyse the business and corporate environment 
D)  Formulate alternatives 
A)  Always a monthly process 
B)  Reflect on vision 
C)  Analyse the business and corporate environment 
D)  Formulate alternatives

Question 18

According to Larry Bossidy, GE veteran and Allied Signal/Honeywell CEO, _____ are the most important part of the business model.

Accepted Answer

A)  Finances 
B)  People 
C)  Products 
D)  Services 
A)  Finances 
B)  People 
C)  Products 
D)  Services

Question 19

How is the strategic planning process changing?

Accepted Answer

One possible answer might be that the fo

Question 20

What is a network organization? Give an example with detail.

Accepted Answer

Network organizations operate with a sma

Attendance was mandatory even for top brass at Bratton's semi-weekly strategy review meetings.

Strategic options are teams of people organized to develop new markets, create new products, pursue process innovations or launch new corporate ventures.

Over time, strategic planning processes have shifted from linear, hierarchical top-down process to be more interactive and involving of multiple levels.

Define autonomous initiatives and provide an example.

What is the difference between an induced initiative and an autonomous initiative in the strategic planning and resource allocation process?

Which of the following is not a classical type of formal organizational structure?

__________ organizations operate with a central core group composed of a relatively small staff of full-time employees who are responsible for key strategic activities and outsource all others.

Which of the following is typically the first step in strategic planning?

Strategy _________ is an interactive process of experimenting with structures and routines that will refine strategic directions.

What are some of the important networks in Silicon Valley? How does geographic proximity facilitate their interaction?

What are some of the advantages and disadvantages of a network organization?

Strategic planning is the mechanism used by organizations to align culture, people, and structure to strategy and to generate change.

IBM's initial personal computer followed the strategy of sourcing hardware internally, not purchasing components from outside.

Employees of Trader Joe's are called "crew."

Which of the following is not true about control systems?

How can individual and unit performance be improved?

Which of the following does not characterize strategic planning by managers?

According to Larry Bossidy, GE veteran and Allied Signal/Honeywell CEO, _____ are the most important part of the business model.

How is the strategic planning process changing?

What is a network organization? Give an example with detail.

Defining Strategy

Developing Resources

Serving Customers

Seeking Opportunity

Competing With Rivals

Specifying a Business Model

Considering Corporate Strategy

Thinking Globally

Acting Responsibly

Managing Knowledge

Providing Leadership

Filters

Exam 10: Ensuring Execution

Attendance was mandatory even for top brass at Bratton's semi-weekly strategy review meetings.

Strategic options are teams of people organized to develop new markets, create new products, pursue process innovations or launch new corporate ventures.

Over time, strategic planning processes have shifted from linear, hierarchical top-down process to be more interactive and involving of multiple levels.

Define autonomous initiatives and provide an example.

What is the difference between an induced initiative and an autonomous initiative in the strategic planning and resource allocation process?

Which of the following is not a classical type of formal organizational structure?

__________ organizations operate with a central core group composed of a relatively small staff of full-time employees who are responsible for key strategic activities and outsource all others.

Which of the following is typically the first step in strategic planning?

Strategy _________ is an interactive process of experimenting with structures and routines that will refine strategic directions.

What are some of the important networks in Silicon Valley? How does geographic proximity facilitate their interaction?

What are some of the advantages and disadvantages of a network organization?

Strategic planning is the mechanism used by organizations to align culture, people, and structure to strategy and to generate change.

IBM's initial personal computer followed the strategy of sourcing hardware internally, not purchasing components from outside.

Employees of Trader Joe's are called "crew."

Which of the following is not true about control systems?

How can individual and unit performance be improved?

Which of the following does not characterize strategic planning by managers?

According to Larry Bossidy, GE veteran and Allied Signal/Honeywell CEO, _____ are the most important part of the business model.

How is the strategic planning process changing?

What is a network organization? Give an example with detail.

Defining Strategy

Developing Resources

Serving Customers

Seeking Opportunity

Competing With Rivals

Specifying a Business Model

Considering Corporate Strategy

Thinking Globally

Acting Responsibly

Managing Knowledge

Providing Leadership

Filters