Multiple Choice Show
133. Strategy formulation 134. Which of these is true about strategy implementation? 135. On what does strategy implementation focus? 136. Strategy implementation is primarily a(n) __________ process. Annual Objectives 138. All of the following are tasks of strategy implementation except 139. Establishing objectives is a 140. Considerable time and effort should be devoted to assuring objectives are well conceived
because they represent the basis for 141. Because annual objectives __________________, they are important for strategy implementation. 142. Which of the following is not true about objectives? 143. Which of the following terms should be avoided when writing objective statements? 144. Which of these would not be a good objective statement? 145. What should annual objectives be? Policies 147. Policies are not necessary to 148. The term policy does not incorporate the term 149. What are guidelines, methods, procedures, rules, forms and administrative practices known as? 150. __________ policies apply throughout an organization. 151. Which of the following could be a marketing policy? 152. Which of the following issues may not require a management policy? Resource Allocation 153. ____________ is a central management activity that allows for strategy execution. 154. All organizations have what four types of resources? 155. Which of the following are not resources that can be used by an organization to achieve desired objectives? 156. ________________ is not a major factor that commonly prohibits effective resource allocation. Managing Conflict 158. Conflict in an organization is 159. What are three categories of approaches for managing and resolving conflict? 160. Which of the following is not a category of approaches for minimizing and resolving
conflict? 161. Physically separating the conflicting individuals (groups) represents the __________ conflict management/resolution approach. 162. Holding a meeting at which conflicting parties present their views and work through their differences represents a(n) __________
approach to conflict management. 163. What strategy includes playing down the differences between conflicting parties while accenting their similarities and common interests, or compromising so that there is neither a clear winner nor loser? 164. Which of the
following statements is false? 165. Why do changes in company strategy often require changes in the way an organization is structured? Matching Structure with Strategy 167. Medium-sized firms tend to use a __________ structure. 168. Which of the following statements is false? 169. For a given strategy or type of organization, ____________ optimal organizational design or structure. 170. What is the major disadvantage of a functional structure? 171. __________ is not one of the basic ways a divisional structure can be organized. 172. Which organizational structure is the most commonly used in the United States? 173. A _______________ structure is the most simple and inexpensive. 174. Accountability is clearest in the ____________ structure. 175. Which of these is
an advantage of a divisional organizational structure? 176. A divisional structure by product form of organization is most effective when 177. A divisional structure by geographic area is most appropriate when 178. A major
disadvantage of a __________ structure is the role of the group vice president being ambiguous. 179. When a few major customers are of paramount importance and many different services are provided to these customers, the best divisional structure is 180. Which is the most costly type of structure? 181. A bussing company that organizes activities around customer groups such as colleges, secondary schools and private schools is an example of which type of structure? 182. Which of the
following characteristics does not contribute to the overall complexity of a matrix structure? 183. __________ is the most complex structure. Restructuring, Reengineering, and
E-Engineering 185. ________________ is concerned primarily with shareholder well-being rather than employee well-being. 186. All of these except ________________
are known as restructuring. 187. ____________ involves reconfiguring or redesigning work, jobs and processes for the purpose of improving costs, quality, service and speed. 188. Which of these involves comparing a firm against the best firms in
the industry on a wide variety of performance-related criteria? 189. The primary benefit sought from restructuring is 190. What percent of employees say they want nothing to do with management,
i.e., sentiment against joining management ranks? 191. Which of these is not a cornerstone of reengineering? Why do change in company strategy often require changes in the way and Organisational structure?Strategy supports the organizational structure. When the firm's strategy is changed, the firm must also change its structure to assist the new strategy. If it does not change, the structure restrains the organization from performing the new strategy.
Why do changes in company's strategy often require changes in the way an organization is structured 7?The second major reason why changes in strategy often require changes in structure is that structure dictates how resources will be allocated to achieve strategic objectives. If an organization's structure is based on customer groups, then resources will be allocated in that manner.
Why do changes in company strategy often require changes in the way an organization is structured quizlet?Why do changes in company strategy often require changes in the way an organization is structured? Structure dictates how goals and objectives will be established. Structure dictates how resources will be allocated. Structure should be designed to facilitate the strategic pursuit of a firm.
Why do company need to change their strategy?New strategies can help a company to perform more effectively or cost-efficiently, or can help them to enter a new, more profitable industry or market segment. Changes in strategy can also help a stagnant company to reclaim its former growth rates.
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Why do change in company strategy often require changes in the way an Organisation is structured?
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