Exam 11: Organizational Structure, Systems, and Processes

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________ is deciding what to do and ________ is the process of executing what you planned to do.

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What are outcome controls? List both pros and cons.

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The appropriate allocation of resources should involve making choices based on the resource allocation of competitors.

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In a strategy map of the balanced scorecard, innovation processes are concerned with which of the following areas?

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The balanced scorecard encourages managers to rely solely on short-term financial and outcome measures.

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A balanced scorecard may also be called a strategy scorecard.

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A reward of the ________ manufacturing method is that errors are detected quickly.

(Multiple Choice)
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In the global configuration, local units are highly dependent on home office coordination of resource allocation and decision approval.

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Explain the functional structure.

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When a multinational relies more on parent-country nationals than local managers, the information-asymmetry problem gradually diminishes.

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Lean manufacturing practices allow companies to decrease the speed of operations to a more normal pace.

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What are the three fundamental lessons learned from the balanced scorecard approach?

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Organizational charts are static representations of their structure.

(True/False)
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Explain the impact of rewards on strategy and the use of various control mechanisms to tighten this connection.

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All of the following are popular means of organizing firm structure except ________.

(Multiple Choice)
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The overarching strategic management process flows from vision to goals and objectives and then to the ________, which sets out how these goals and objectives are to be achieved.

(Multiple Choice)
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Internal interests can sabotage effective resource-allocation decisions.

(True/False)
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What are key differences between patching and the ambidextrous organizational structure?

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A balanced scorecard links all performance metrics to the firm's strategy.

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Companies can reduce human capital loss by developing industry-specific, transferable knowledge.

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