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WorksheetsStrategy Implementation - Management and Marketing
Total questions: 10
Worksheet time: 7mins
What is the primary benefit sought from restructuring in an organization?
Creating a strategy-supportive culture
Improving cost, quality, service, and speed
Reducing the size of the firm
Developing a diverse workforce
What is the role of policies in strategy implementation?
Promote delegation of decision making
Set boundaries, constraints, and limits on administrative actions
Clarify what work is to be done and by whom
Reduce the amount of time managers spend making decisions
What is the purpose of annual objectives in strategy implementation?
Establish organizational priorities
Represent the basis for allocating resources
Reduce the amount of time managers spend making decisions
Promote delegation of decision making
What is the nature of conflict in strategy implementation?
Disagreement between two or more parties on one or more issues
Indifference and apathy
Physical separation of conflicting individuals
Holding meetings to seek compromise
What is the purpose of a matrix structure in an organization?
Creates shared authority and reporting
Facilitates clear project objectives
Requires excellent vertical and horizontal flows of communication
Violates unity of command principle
What is NOT the strategic human resource issues discussed in the text?
Developing a diverse workforce
Balancing work life with home life
Where and how to produce goods
Linking performance and pay to strategy
What is NOT the key strategic marketing issues discussed in the text?
To offer a complete warranty
How to monitor employees' social media
How to make advertisements more interactive
To use exclusive dealerships or multiple channels of distribution
What is the purpose of a strategic business unit (SBU) structure?
Leads to communication problems
Allows for rapid decision making
Minimizes need for elaborate control system
Groups similar divisions into strategic business units
What is NOT the symptoms of an ineffective organizational structure?
Too many levels of management
Too much attention being directed toward solving interdepartmental conflicts
Declining corporate or business performance
Small span of control
What are the types of resources involved in resource allocation for strategy execution?
Financial, Physical, Human, Technological
Financial, Intellectual, Human, Technological
Financial, Physical, Intellectual, Technological
Financial, Physical, Human, Intellectual
