Exam 7: Implementing Strategies: Management and Operations Issues

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

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

What are guidelines, methods, procedures, rules, forms and administrative practices known as?

A firm uses information technology to break down functional barriers and create a work system based on business processes, products, or outputs rather than on functions or inputs in

Policies refer to specific guidelines, methods, procedures, rules, forms, and administrative practices established to support and encourage work toward stated goals.

_______ is not a major factor that commonly prohibits effective resource allocation.

Establishing objectives is a

Which term would most likely be incorporated into written objective statements?

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

JIT significantly increases the costs of implementing strategies.

Most large companies have abandoned the functional structure in favor of decentralization.

Effective strategy formulation can usually guarantee successful strategy implementation.

List eight benefits of a diverse workforce.

A concern in matching managers with strategy is that jobs have relatively __________ responsibilities, while people are __________ in their development.

Restructuring is also referred to as

The fastest of all approaches to implement change is the rational change strategy.

An important business activity in Japan is entertaining because it strengthens Wa.

When developing an organizational chart, the top executive of the firm should be reserved for the President.

Yahoo's Terry Semel was the highest paid CEO in 2006 with a salary of over $100 million.

What are the three commonly used strategies or approaches for implementing changes in an organization? Give an advantage and/or disadvantage for each type of approach.