Strategic Planning and Implementation

1.      Key, routine activities that must be undertaken in each department of the organization are

 

• • [removed]functional tactics
  • [removed]corporate tactics
  • [removed]resource tactics
  • [removed]business tactics

 

2.      These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially.

 

1. 1. [removed]Social norms
   2. [removed]Religions
   3. [removed]Values
   4. [removed]Educations

 

3.      CCC21 stands for

 

1. 1. [removed]competitive cost competency in the 21st century.
   2. [removed]continuous cost competitiveness in the 21st century.
   3. [removed]cost chain competition for the 21st century.
   4. [removed]construction of cost competitiveness for the 21st century.

 

4.      Short-term objectives are usually

1. 1. [removed]quantitative
   2. [removed]qualitative
   3. [removed]set to be completed within 5 years
   4. [removed]completed within 2 months

 

5.      This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful.

 

1. 1. [removed]Market research
   2. [removed]Solution spotting
   3. [removed]Trend following
   4. [removed]Mental invention

 

6.      In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives?

 

1. 1. [removed]Grand strategy
   2. [removed]Operational strategy
   3. [removed]Corporate strategy
   4. [removed]Tactical strategy

 

7.      While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group.

 

1. 1. [removed]Lagging innovations
   2. [removed]Disruptive innovations
   3. [removed]Acquired innovations
   4. [removed]Throughput technologies

 

8.      Strategic surveillance must be kept

 

1. 1. [removed]as fast as possible.
   2. [removed]as focused as possible.
   3. [removed]as unfocused as possible.
   4. [removed]internal.

 

9.      Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation

 

1. 1. [removed]more relevant and acceptable
   2. [removed]more difficult
   3. [removed]more geared toward growth
   4. [removed]more expensive

 

10.  The DMAIC (define, measure, analyze, improve, and control) process is relevant to

 

1. 1. [removed]CCC21
   2. [removed]Six Sigma
   3. [removed]balanced scorecard
   4. [removed]strategic matrix analysis

 

11.  This, called kaizen in Japanese, is the process of relentlessly trying to find ways to improve and enhance a company’s products and processes from design through assembly, sales, and service.

 

1. 1. [removed]Incremental innovation
   2. [removed]Six Sigma
   3. [removed]Continuous improvement
   4. [removed]CCC21

 

12.  Organizational culture includes important assumptions shared by members of the organization. These assumptions are often

 

1. 1. [removed]unstated
   2. [removed]very obvious to outsiders
   3. [removed]very similar to all other organizations in that industry
   4. [removed]formalized

 

13.  The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is

 

1. 1. [removed]developing principles
   2. [removed]education and leadership development
   3. [removed]identifying an action plan
   4. [removed]creating passion

 

14.  Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm’s advertisements. This demonstrates managers’

 

1. 1. [removed]dissemination of stories and legends about core values.
   2. [removed]emphasis on key themes or dominant values.
   3. [removed]building time into the organization.
   4. [removed]managing the firm globally.

15.  A leader’s vision should be

1. 1. [removed]long
   2. [removed]simple
   3. [removed]varied
   4. [removed]complex

 

16.  This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.

 

1. 1. [removed]Strategic control
   2. [removed]Strategy evaluation
   3. [removed]Strategic implementation
   4. [removed]Strategic decision-making

 

17.  These are also referred to as crowdsourcing or open innovation.

 

1. 1. [removed]Ideagoras
   2. [removed]Golddiggers
   3. [removed]Sustainers
   4. [removed]Disruptors

18.  Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually

 

1. 1. [removed]need little coordination
   2. [removed]require organizational coordination
   3. [removed]focus on public relations
   4. [removed]require additional personnel