Ch. 9 - Strategic Control and Corporate Governance

Ch. 9 - Strategic Control and Corporate Governance

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Business

University

Hard

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35 questions

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1.

FLASHCARD QUESTION

Front

What is strategic control?

Back

Monitoring performance toward strategic goals

2.

FLASHCARD QUESTION

Front

What does the "Diagnose" phase involve? Recognize challenges, analyze environments, and identify root causes., Generate solution alternatives., Plan implementation steps., Validate hypotheses and confirm choice.

Back

Recognize challenges, analyze environments, and identify root causes.

Answer explanation

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3.

FLASHCARD QUESTION

Front

What is the primary focus of the "Decide" phase?

Back

Validate hypotheses and confirm choice.

Answer explanation

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4.

FLASHCARD QUESTION

Front

What is included in the "Deliver" phase of strategy implementation?

Back

Design the solution and monitor execution.

Answer explanation

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5.

FLASHCARD QUESTION

Front

What are the steps in the traditional approach to strategic control?

Back

Formulate strategies, implement strategies, and measure performance.

Answer explanation

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6.

FLASHCARD QUESTION

Front

What is the definition of the traditional approach for strategic control?

Back

A feedback loop from performance measurement to strategy formulation.

7.

FLASHCARD QUESTION

Front

When is double-loop learning used in strategic control?

Back

When goals change frequently

Answer explanation

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