Exam 10: Implementation

A firm seeking to globalize operations would use ________ as its bonus compensation plan.

A benefit of functional tactics is that the ____ of developing them,when done right,can be a forum for raising and resolving conflicts between strategic intent and operational realities due to operational issues not immediately known to higher management.

If X-Corp.'s car polish division has committed to a 30 percent gain in revenue over six years,they must consider the specific target in revenue during the current quarter to indicate they are making appropriate progress.This smaller objective for the fiscal quarter is called a:

__________ are much easier to value than options because they are equivalent to a stock transfer at the market price.

Functional tactics translate _______ into action designed to accomplish specific short-term objectives.

The link between short-term and long-term objectives should resemble ________ through the firm from basic long-term objectives to specific short-term objectives in key operation areas.

Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually:

________ is the act of allowing an individual or team the right and flexibility to make decisions and initiate action.

To make business strategies,grand strategies and long-term objectives a reality,the people in an organization who ________ need guidance in exactly what they need to do.

Which of the following is NOT a benefit of formal,written policies?

__________ obtaining work previously done by employees inside the companies from sources outside the company.

Policies establish __________ over _________ by clearly stating how things are to be done _________.

Policies counteract resistance to or rejection of chosen _______.

Short-term objectives __________ long-term objectives.

________ offers employees more certainty,even if there is less potential for a big win.

Policies ________ basic aspects of organization behavior.

A firm with a strategic goal of reducing executive turnover would use _________ to provide an incentive for longer executive tenure.

Difficulties in quantifying objectives can often be overcome by initially focusing on _________ and then identifying _________.

Policies may be ________ or _________.

______ dilute shareholders' equity when they are exercised