Question 1

The United States leads the world in promoting women and minorities into mid- and top-level managerial positions in business.

Accepted Answer

A) True 
 B)False  True

Question 2

What term is used to describe specific guidelines, methods, procedures, rules, forms and administrative practices established to support and encourage work toward stated goals?

Accepted Answer

A)  Long-term objectives 
B)  Policies 
C)  Annual objectives 
D)  Strategies 
E)  Values 
A)  Long-term objectives 
B)  Policies 
C)  Annual objectives 
D)  Strategies 
E)  Values B

Question 3

Restructuring is also called rightsizing.

Accepted Answer

A) True 
 B)False  True

Question 4

On average, CEOs at Japanese companies are paid more than CEOs at American or European companies.

Accepted Answer

A) True 
 B)False

Question 5

Strategy formulation

Accepted Answer

A)  is managing forces during the action. 
B)  requires coordination among a few individuals. 
C)  is primarily an operational process. 
D)  requires special motivation and leadership skills. 
E)  all of the above 
A)  is managing forces during the action. 
B)  requires coordination among a few individuals. 
C)  is primarily an operational process. 
D)  requires special motivation and leadership skills. 
E)  all of the above

Question 6

Besides reducing worker alienation and stimulating productivity, ESOPs allow firms other benefits, such as substantial tax savings.

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

ESOPs work well even in firms with fluctuating payrolls and profits.

Accepted Answer

A) True 
 B)False

Question 10

There are four basic ways a divisionally structured firm could be organized. What are these four ways? Give an example of each.

Accepted Answer

The four basic ways a divisionally struc

Question 11

Changing a strategy to fit an existing culture is not as effective as changing a firm's culture to fit a new strategy.

Accepted Answer

A) True 
 B)False

Question 12

A divisional structure by geographic area is most appropriate when

Accepted Answer

A)  organizations have similar branch facilities located in widely dispersed areas. 
B)  an organization offers only a limited number of products or services. 
C)  consumption patterns for its products and/or services are the same worldwide. 
D)  the company's customers in different geographic locations have similar needs and characteristics. 
E)  the firm serves one geographic area. 
A)  organizations have similar branch facilities located in widely dispersed areas. 
B)  an organization offers only a limited number of products or services. 
C)  consumption patterns for its products and/or services are the same worldwide. 
D)  the company's customers in different geographic locations have similar needs and characteristics. 
E)  the firm serves one geographic area.

Question 13

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.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  The switch is an effort to cut costs. 
B)  The switch is boosting employee morale. 
C)  The switch is an effort to increase productivity. 
D)  The switch opposes the traditional training of Japanese employees to cooperate rather than compete. 
E)  The switch goes against decades of encouraging workers to work in groups instead of individually. 
A)  The switch is an effort to cut costs. 
B)  The switch is boosting employee morale. 
C)  The switch is an effort to increase productivity. 
D)  The switch opposes the traditional training of Japanese employees to cooperate rather than compete. 
E)  The switch goes against decades of encouraging workers to work in groups instead of individually.

Question 15

What is the best divisional structure when a few major customers are of paramount importance and many different services are provided to these customers?

Accepted Answer

A)  By geographic area 
B)  By customer 
C)  By product 
D)  By process 
E)  By cost 
A)  By geographic area 
B)  By customer 
C)  By product 
D)  By process 
E)  By cost

Question 16

Strategists should strive to preserve, emphasize, and build upon aspects of an existing culture that are antagonistic to a proposed strategy.

Accepted Answer

A) True 
 B)False

Question 17

In the context of conflict management and resolution, ignoring the problem in the hopes that the conflict will resolve itself is classified as a defusion technique.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is NOT true about objectives?

Accepted Answer

A)  They should be communicated throughout the organization. 
B)  They should have an appropriate time dimension. 
C)  They should use terms like "maximize," "minimize," and "as soon as possible." 
D)  They should be measurable. 
E)  They should be consistent. 
A)  They should be communicated throughout the organization. 
B)  They should have an appropriate time dimension. 
C)  They should use terms like "maximize," "minimize," and "as soon as possible." 
D)  They should be measurable. 
E)  They should be consistent.

Question 20

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

Accepted Answer

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

The United States leads the world in promoting women and minorities into mid- and top-level managerial positions in business.

What term is used to describe specific guidelines, methods, procedures, rules, forms and administrative practices established to support and encourage work toward stated goals?

Restructuring is also called rightsizing.

On average, CEOs at Japanese companies are paid more than CEOs at American or European companies.

Strategy formulation

Besides reducing worker alienation and stimulating productivity, ESOPs allow firms other benefits, such as substantial tax savings.

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

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

ESOPs work well even in firms with fluctuating payrolls and profits.

There are four basic ways a divisionally structured firm could be organized. What are these four ways? Give an example of each.

Changing a strategy to fit an existing culture is not as effective as changing a firm's culture to fit a new strategy.

A divisional structure by geographic area is most appropriate when

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.

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

What is the best divisional structure when a few major customers are of paramount importance and many different services are provided to these customers?

Strategists should strive to preserve, emphasize, and build upon aspects of an existing culture that are antagonistic to a proposed strategy.

In the context of conflict management and resolution, ignoring the problem in the hopes that the conflict will resolve itself is classified as a defusion technique.

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

Which of the following is NOT true about objectives?

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

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: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters

Exam 7: Implementing Strategies: Management and Operations Issues

The United States leads the world in promoting women and minorities into mid- and top-level managerial positions in business.

What term is used to describe specific guidelines, methods, procedures, rules, forms and administrative practices established to support and encourage work toward stated goals?

Restructuring is also called rightsizing.

On average, CEOs at Japanese companies are paid more than CEOs at American or European companies.

Strategy formulation

Besides reducing worker alienation and stimulating productivity, ESOPs allow firms other benefits, such as substantial tax savings.

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

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

ESOPs work well even in firms with fluctuating payrolls and profits.

There are four basic ways a divisionally structured firm could be organized. What are these four ways? Give an example of each.

Changing a strategy to fit an existing culture is not as effective as changing a firm's culture to fit a new strategy.

A divisional structure by geographic area is most appropriate when

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.

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

What is the best divisional structure when a few major customers are of paramount importance and many different services are provided to these customers?

Strategists should strive to preserve, emphasize, and build upon aspects of an existing culture that are antagonistic to a proposed strategy.

In the context of conflict management and resolution, ignoring the problem in the hopes that the conflict will resolve itself is classified as a defusion technique.

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

Which of the following is NOT true about objectives?

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

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: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters