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16 Cards in this Set

  • Front
  • Back
Strategy formulation requires coordination among a few individuals, but strategy implementation requires coordination among many.
True
Four types of resources that can be used to achieve desired objectives are financial, physical, human, and technological
True
Avoidance, infusion and confrontation are the classifications for the various approaches for minimizing and resolving conflict.
False
Most large companies have abandoned the functional structure in favor of decentralization
True
Managing as if 'the earth matters' requires an understanding of how international trade, competitiveness and global resources are connected.
True
The US leads the world in promoting women and minorities into mid and top level positions in business
True
Which of these is true about strategy implementation

a) it is positioning forces before 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
c. it is primarily an operational process
Considerable time and effort should be devoted to assuring objectives are well conceived because they represent the basis for

a) monitoring processes
b) establishing divisional priorities
c) allocating resources
d) evaluating managers
e) all of the above
e all of the above?
Which of the following issues may not require a management policy?

a) to establish a high or low saftey stock inventory
b) to increase motivation
c) to offer numerous or few employee benefits
d) to discourage insider trading
e) to promote from within to or to hire from the outside
b) to increase motivation
Which approach for managing and resolving conflict involves playing down differences between conflicting parties while accentuation similarities and common interests?

a) avoidance
b) resistance
c) compliance
d) diffusion
e) confrontation
d) diffusion
What type of organizational structure do most small businesses follow?

a) divisional structure by product
b) functional structure
c) divisional structure by customer
d) process type structure
e) matrix structure
b) functional structure
Which organizational structure is the most simple and inexpensive?

a) departmental
b) strategic business unit
c) functional
d) decentralized
e) process
C) functional
Restructuring is also referred to as

a) starting over
b) delayering
c) diversifying
d) job security
e) integrating
b) delayering
which of these involves comparing a firm against the best firms in the industry on a wide variety of performance-related criteria?

a restructuring
b process redesign
c reengineering
d delayering
e benchmarking
e) benchmarking
The primary benefit sought from restructuring is

a) employee involvement
b) cost reduction
c) increased morale
d) increased number of hierarchial levels in the organization
e) increased innovation
b) cost reduction
Resistance to change can manifest itself through

a) absenteeism
b) sabotaging production machines
c) filing unfounded grievences
d) unwillingness to cooperate
e) all of the above
e) all of the above