Question 1

Not allocating resources according to the priorities indicated by approved objectives is detrimental to the strategic-management process.

Accepted Answer

A) True 
 B)False

Question 2

Changing a strategy to fit an existing culture

Accepted Answer

A)  is usually less effective than changing a firm's culture to fit a new strategy. 
B)  is usually more effective than changing a firm's culture to fit a new strategy. 
C)  is just as likely to be effective as changing a firm's culture to fit a new strategy. 
D)  is always the best option. 
E)  none of the above

Question 3

What are five differences between strategy formulation and strategy implementation?

Accepted Answer

The answer of What are five differences between strategy formulation...

Question 4

Which company has committed almost $8 billion over 10 years to diversify its workforce and to use more minority suppliers?

Accepted Answer

A)  Ford Motor Company 
B)  Toyota 
C)  Coca-Cola 
D)  TJX 
E)  Boeing

Question 5

Which term is best defined as a central management activity that allows for strategy execution?

Accepted Answer

A)  Avoidance 
B)  Furlough 
C)  Competition 
D)  Resource allocation 
E)  Conflict

Question 6

Compare and contrast restructuring and reengineering.

Accepted Answer

The answer of Compare and contrast restructuring and reengineering....

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A)  restructuring. 
B)  benchmarking. 
C)  reengineering. 
D)  rightsizing. 
E)  delayering.

Question 10

Which of the following statements is true?

Accepted Answer

A)  The pay of the CEO of a Japanese company is about half the pay of the CEO of an American company. 
B)  The CEO of a Japanese company earns more than the CEO of a European company. 
C)  In Japan, individual excellence is emphasized over harmony among managers. 
D)  Seniority rather than performance has been the key factor in determining pay in Japan. 
E)  All of the above

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

It is always easier to say you are going to do something (strategy formulation)than to actually do it (strategy implementation).

Accepted Answer

A) True 
 B)False

Question 13

Strategies clarify what can and cannot be done in pursuit of an organization's objectives.

Accepted Answer

A) True 
 B)False

Question 14

Effective strategy formulation can usually guarantee successful strategy implementation.

Accepted Answer

A) True 
 B)False

Question 15

All of the following statements regarding the recent trend in Japan of switching from seniority-based pay to performance-based approaches are true except:

Accepted Answer

A)  the switch is an effort to cut costs. 
B)  the switch is boosting employee morale. 
C)  the switch is an effort to increase productivity. 
D)  the switch opposes the traditional training of Japanese employees to cooperate rather than compete. 
E)  the switch goes against decades of encouraging workers to work in groups instead of individually.

Question 16

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

Accepted Answer

A)  static; dynamic 
B)  dynamic; static 
C)  quick; slow 
D)  exciting; dull 
E)  dull; exciting

Question 17

Restructuring is also called rightsizing.

Accepted Answer

A) True 
 B)False

Question 18

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.

Question 19

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

Accepted Answer

The answer of Name at least ten issues that may...

Question 20

With a divisional structure,it is possible that competition between divisions may become so intense that it leads to improved sharing of ideas and resources for the common good of the firm.

Accepted Answer

A) True 
 B)False

Exam 7: Implementing Strategies: Management and Operations Issues

Not allocating resources according to the priorities indicated by approved objectives is detrimental to the strategic-management process.

Changing a strategy to fit an existing culture

What are five differences between strategy formulation and strategy implementation?

Which company has committed almost $8 billion over 10 years to diversify its workforce and to use more minority suppliers?

Which term is best defined as a central management activity that allows for strategy execution?

Compare and contrast restructuring and reengineering.

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

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

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

Which of the following statements is true?

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

It is always easier to say you are going to do something (strategy formulation)than to actually do it (strategy implementation).

Strategies clarify what can and cannot be done in pursuit of an organization's objectives.

Effective strategy formulation can usually guarantee successful strategy implementation.

All of the following statements regarding the recent trend in Japan of switching from seniority-based pay to performance-based approaches are true except:

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

Restructuring is also called rightsizing.

Which of these is true about strategy implementation?

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

With a divisional structure,it is possible that competition between divisions may become so intense that it leads to improved sharing of ideas and resources for the common good of the firm.