Question 1

A disagreement between two or more parties on one or more issues is called a(n)

Accepted Answer

A)  integrated solution. 
B)  conflict. 
C)  compromise. 
D)  defusion. 
E)  avoidance. 
A)  integrated solution. 
B)  conflict. 
C)  compromise. 
D)  defusion. 
E)  avoidance.

Question 2

Explain the nature and role of ESOPs in strategic management.

Accepted Answer

An ESOP is a tax-qualified, defined-cont

Question 3

What type of organizational structure promotes specialization of labor and allows rapid decision making?

Accepted Answer

A)  Divisional structure by product 
B)  Functional structure 
C)  Divisional structure by customer 
D)  Strategic business unit 
E)  Matrix structure 
A)  Divisional structure by product 
B)  Functional structure 
C)  Divisional structure by customer 
D)  Strategic business unit 
E)  Matrix structure

Question 4

For upper-level executives, ________ is the major variable used for compensation incentives.

Accepted Answer

A)  Balanced Scorecard performance 
B)  revenue 
C)  net income 
D)  stock price 
E)  none of the above 
A)  Balanced Scorecard performance 
B)  revenue 
C)  net income 
D)  stock price 
E)  none of the above

Question 5

Name at least six issues indicated by the authors that may require a management policy.

Accepted Answer

Possible answers include: 1) to offer ex

Question 6

Horizontal consistency is less important than vertical consistency in developing annual objectives, but it still contributes to improved objectives.

Accepted Answer

A) True 
 B)False

Question 7

The focus of restructuring is changing the way work is actually carried out.

Accepted Answer

A) True 
 B)False

Question 8

Wellness programs

Accepted Answer

A)  are too expensive for most companies to afford. 
B)  are desired by employees but don't provide value to the company. 
C)  are becoming more prevalent as companies realize the benefits to the firm. 
D)  attract prospective employees who then fail to take advantage of them. 
E)  are facing legal challenges from the health-care industry. 
A)  are too expensive for most companies to afford. 
B)  are desired by employees but don't provide value to the company. 
C)  are becoming more prevalent as companies realize the benefits to the firm. 
D)  attract prospective employees who then fail to take advantage of them. 
E)  are facing legal challenges from the health-care industry.

Question 9

Recruitment, promotion, and mentoring are ways to alter an organization's culture.

Accepted Answer

A) True 
 B)False

Question 10

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 11

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

Accepted Answer

A) True 
 B)False

Question 12

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

Accepted Answer

A) True 
 B)False

Question 13

When developing an organizational chart, it is not wise to recommend that any executive have a dual title.

Accepted Answer

A) True 
 B)False

Question 14

Which term is primarily concerned with shareholder well-being rather than employee well-being?

Accepted Answer

A)  Benchmarking 
B)  Reengineering 
C)  Product redesign 
D)  Process management 
E)  Restructuring 
A)  Benchmarking 
B)  Reengineering 
C)  Product redesign 
D)  Process management 
E)  Restructuring

Question 15

Tasks and activities are grouped together by business function in a divisional organizational structure.

Accepted Answer

A) True 
 B)False

Question 16

Effective strategy formulation can usually guarantee successful strategy implementation.

Accepted Answer

A) True 
 B)False

Question 17

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 18

According to Alfred Chandler "changes in strategy lead to changes in organizational structure."

Accepted Answer

A) True 
 B)False

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Reengineering does not usually affect the organizational structure or chart, nor does it imply job loss or employee layoffs.

Accepted Answer

A) True 
 B)False

A disagreement between two or more parties on one or more issues is called a(n)

Explain the nature and role of ESOPs in strategic management.

What type of organizational structure promotes specialization of labor and allows rapid decision making?

For upper-level executives, ________ is the major variable used for compensation incentives.

Name at least six issues indicated by the authors that may require a management policy.

Horizontal consistency is less important than vertical consistency in developing annual objectives, but it still contributes to improved objectives.

The focus of restructuring is changing the way work is actually carried out.

Wellness programs

Recruitment, promotion, and mentoring are ways to alter an organization's culture.

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

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

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

When developing an organizational chart, it is not wise to recommend that any executive have a dual title.

Which term is primarily concerned with shareholder well-being rather than employee well-being?

Tasks and activities are grouped together by business function in a divisional organizational structure.

Effective strategy formulation can usually guarantee successful strategy implementation.

A divisional structure by geographic area is most appropriate when

According to Alfred Chandler "changes in strategy lead to changes in organizational structure."

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

Reengineering does not usually affect the organizational structure or chart, nor does it imply job loss or employee layoffs.

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 Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters

Exam 7: Implementing Strategies: Management, Operations, and Human Resource Issues

A disagreement between two or more parties on one or more issues is called a(n)

Explain the nature and role of ESOPs in strategic management.

What type of organizational structure promotes specialization of labor and allows rapid decision making?

For upper-level executives, ________ is the major variable used for compensation incentives.

Name at least six issues indicated by the authors that may require a management policy.

Horizontal consistency is less important than vertical consistency in developing annual objectives, but it still contributes to improved objectives.

The focus of restructuring is changing the way work is actually carried out.

Wellness programs

Recruitment, promotion, and mentoring are ways to alter an organization's culture.

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

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

In publicly held U.S. companies it is becoming increasingly common to combine the positions of chairperson of the board and the CEO.

When developing an organizational chart, it is not wise to recommend that any executive have a dual title.

Which term is primarily concerned with shareholder well-being rather than employee well-being?

Tasks and activities are grouped together by business function in a divisional organizational structure.

Effective strategy formulation can usually guarantee successful strategy implementation.

A divisional structure by geographic area is most appropriate when

According to Alfred Chandler "changes in strategy lead to changes in organizational structure."

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

Reengineering does not usually affect the organizational structure or chart, nor does it imply job loss or employee layoffs.

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 Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters