Question 1

Strategy formulation requires coordination among a few individuals, but strategy implementation requires coordination among many.

Accepted Answer

A) True 
 B)False

Question 2

Recently, an increasing number of companies have been implementing less rigorous environmental policies.

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

An effective bonus system should be based on two key factors: annual objectives and long-term objectives.

Accepted Answer

A) True 
 B)False

Question 5

Which of these involves comparing a firm against the best firms in the industry on a wide variety of performance-related criteria?

Accepted Answer

A)  Restructuring 
B)  Process redesign 
C)  Reengineering 
D)  Delayering 
E)  Benchmarking 
A)  Restructuring 
B)  Process redesign 
C)  Reengineering 
D)  Delayering 
E)  Benchmarking

Question 6

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)  strict control and attention to product lines are needed. 
D)  an organization has many skilled managers. 
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)  strict control and attention to product lines are needed. 
D)  an organization has many skilled managers. 
E)  the firm serves one geographic area

Question 7

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 8

Name at least ten examples that may require a management policy.

Accepted Answer

Possible answers include: 1) To offer ex

Question 9

Holding a meeting at which conflicting parties present their views and work through their differences is part of the diffusion strategy of managing conflict.

Accepted Answer

A) True 
 B)False

Question 10

How is life in Mexico in comparison to life in the United States?

Accepted Answer

A)  Faster 
B)  More affluent 
C)  Time-dictated 
D)  Slower 
E)  Less harmonious 
A)  Faster 
B)  More affluent 
C)  Time-dictated 
D)  Slower 
E)  Less harmonious

Question 11

What is not a major benefit of having a diverse workforce?

Accepted Answer

A)  Improvement of the bottom line 
B)  An increase in training costs 
C)  An increase in productivity 
D)  A decrease in complaints and litigation 
E)  Higher retention of employees 
A)  Improvement of the bottom line 
B)  An increase in training costs 
C)  An increase in productivity 
D)  A decrease in complaints and litigation 
E)  Higher retention of employees

Question 12

What is the most complex form of organizational structure?

Accepted Answer

A)  Divisional 
B)  SBU 
C)  Matrix 
D)  Functional 
E)  Geographic 
A)  Divisional 
B)  SBU 
C)  Matrix 
D)  Functional 
E)  Geographic

Question 13

Undesirable conduct such as distorting the record can be a result of overemphasis on achieving objectives.

Accepted Answer

A) True 
 B)False

Question 14

Which term is most often concerned primarily 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

List four major reasons annual objectives are essential for strategy implementation.

Accepted Answer

Annual objectives are essential for stra

Question 16

Six Sigma is generally equally successful in retail firms and manufacturing firms.

Accepted Answer

A) True 
 B)False

Question 17

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 incorporate policies. 
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 incorporate policies. 
D)  They should be measurable. 
E)  They should be consistent

Question 18

A functional structure can be effective at limiting short-term and narrow thinking.

Accepted Answer

A) True 
 B)False

Question 19

Resistance to change can be considered the single greatest threat to successful strategy implementation.

Accepted Answer

A) True 
 B)False

Question 20

Which of these is true about strategy implementation?

Accepted Answer

A)  It is positioning forces before the action. 
B)  It focuses on effectiveness. 
C)  It is primarily an operational process. 
D)  It is primarily an intellectual process. 
E)  It requires intuitive skills 
A)  It is positioning forces before the action. 
B)  It focuses on effectiveness. 
C)  It is primarily an operational process. 
D)  It is primarily an intellectual process. 
E)  It requires intuitive skills

Strategy formulation requires coordination among a few individuals, but strategy implementation requires coordination among many.

Recently, an increasing number of companies have been implementing less rigorous environmental policies.

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

An effective bonus system should be based on two key factors: annual objectives and long-term objectives.

Which of these involves comparing a firm against the best firms in the industry on a wide variety of performance-related criteria?

A divisional structure by geographic area is most appropriate when

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

Name at least ten examples that may require a management policy.

Holding a meeting at which conflicting parties present their views and work through their differences is part of the diffusion strategy of managing conflict.

How is life in Mexico in comparison to life in the United States?

What is not a major benefit of having a diverse workforce?

What is the most complex form of organizational structure?

Undesirable conduct such as distorting the record can be a result of overemphasis on achieving objectives.

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

List four major reasons annual objectives are essential for strategy implementation.

Six Sigma is generally equally successful in retail firms and manufacturing firms.

Which of the following is not true about objectives?

A functional structure can be effective at limiting short-term and narrow thinking.

Resistance to change can be considered the single greatest threat to successful strategy implementation.

Which of these is true about strategy implementation?

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

Filters

Exam 7: Implementing Strategies: Management and Operations Issues

Strategy formulation requires coordination among a few individuals, but strategy implementation requires coordination among many.

Recently, an increasing number of companies have been implementing less rigorous environmental policies.

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

An effective bonus system should be based on two key factors: annual objectives and long-term objectives.

Which of these involves comparing a firm against the best firms in the industry on a wide variety of performance-related criteria?

A divisional structure by geographic area is most appropriate when

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

Name at least ten examples that may require a management policy.

Holding a meeting at which conflicting parties present their views and work through their differences is part of the diffusion strategy of managing conflict.

How is life in Mexico in comparison to life in the United States?

What is not a major benefit of having a diverse workforce?

What is the most complex form of organizational structure?

Undesirable conduct such as distorting the record can be a result of overemphasis on achieving objectives.

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

List four major reasons annual objectives are essential for strategy implementation.

Six Sigma is generally equally successful in retail firms and manufacturing firms.

Which of the following is not true about objectives?

A functional structure can be effective at limiting short-term and narrow thinking.

Resistance to change can be considered the single greatest threat to successful strategy implementation.

Which of these is true about strategy implementation?

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

Filters