Exam 10: Superior Strategy Executionanother Path to Competitive Advantage

Which of the following is not among the types of actions and initiatives undertaken by management in the strategy execution process?

Why does a company's budget need to be closely linked to the needs of good strategy execution? Why might a change in strategy call for budget reallocations?

Which one of the following is not a means of building and strengthening competitively valuable resources and capabilities?

The three components of building a capable organization are

Identify the actions that are key elements of leading the strategy execution process.

Give at least three examples of nonmonetary motivation and rewards practices that have the capability to foster good strategy execution,and explain how they act to produce such a result.

You are an employee at a pharmaceutical company that manufactures and markets off-patent,generic treatments for various common ailments.It has just been reported in the press that the CEO of your company personally spearheaded a sudden fourfold price increase in the prices charged for a particular generic medication while taking a huge pay raise for herself.The CEO has worked for your company for 25 years.The same press report revealed that your CEO's alma mater awarded her a business degree 10 years after she had attended the school,even though she had completed only about half of the coursework.Your company's motto states: "We challenge every member of every team to challenge the status quo.Embrace change.And drive the business forward with passion and commitment.We have integrity.We behave responsibly." As an employee of this company,how would you characterize the culture?

Why is a company's corporate culture important?

TQM emphasizes all but which one of the following?

Identify types of support systems that a company can install to support the execution of its strategy.How important are these systems to the strategy implementation process?

Companies with politicized cultures

Changing a problem culture typically does not involve

Companies with change-resistant cultures

Which of the following is not a sound guideline for designing a reward and incentive system that helps promote good strategy execution?

Give two examples of symbolic culture-changing actions and two examples of substantive culture-changing actions.

What is meant by the term corporate culture? Identify the three major types of corporate cultures.Which of the three types of company cultures is most beneficial to evolving a company's strategy? Why is corporate culture an important factor in implementing and executing strategy?

Six Sigma quality control

Enlisting employees' sustained and energetic commitment to good strategy execution and achievement of the strategic priorities and financial objectives is best done by

Companies engaged in a single line of business most commonly utilize an organizational structure that can be

Which one of the following is not a substantive culture-changing action that a company's managers can undertake to alter a problem culture?