58)
Strategy formulation
A)
is managing forces during the action.
B)
requires coordination among a few individuals.
C)
is primarily an operational process.
D)
requires special motivation and leadership skills.
E)
all of the above
Answer: B
Diff:
1 Page Ref: 213
Objective: 7.01 Explain why strategy implementation is
more difficult than strategy formulation.
Learning
Outcome: Discuss best practices for
strategy implementation
59)
Which of these is true about strategy implementation?
A)
It is positioning forces before the 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.
Answer: C
Diff:
1 Page Ref: 213
Objective: 7.01 Explain why strategy implementation is
more difficult than strategy formulation.
Learning
Outcome: Discuss best practices for
strategy implementation
60)
Which of the following is a management issue central to strategy
implementation?
A)
Devising policies
B)
Revising reward and incentive plans
C)
Minimizing resistance to change
D)
Developing an effective human resources function
E)
All of the above
Answer: E
Diff:
2 Page Ref: 214
Objective: 7.01 Explain why strategy implementation is
more difficult than strategy formulation.
Learning
Outcome: Discuss best practices for
strategy implementation
61)
Establishing objectives is a
A)
top-level activity.
B)
centralized activity.
C)
decentralized activity.
D)
centralized-decentralized activity.
E)
command-and-control activity.
Answer: C
Diff:
1 Page Ref: 215
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning Outcome: Discuss best practices for strategy
implementation
62)
Considerable time and effort should be devoted to assuring objectives are well
conceived because they represent the basis for
A)
monitoring progress toward long-term objectives.
B)
establishing divisional priorities.
C)
allocating resources.
D)
evaluating managers.
E)
all of the above
Answer: E
Diff:
2 Page Ref: 215
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
63)
Which of the following is NOT true about objectives?
A)
They should be communicated throughout the organization.
B)
They should have an appropriate time dimension.
C)
They should use terms like "maximize," "minimize," and
"as soon as possible."
D)
They should be measurable.
E)
They should be consistent.
Answer: C
Diff:
2 Page Ref: 216-217
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
64)
Which phrase would most likely be incorporated into written objective
statements?
A)
Maximize
B)
Minimize
C)
10% increase
D)
Adequate
E)
All of the above
Answer: C
Diff:
3 Page Ref: 216-217
AACSB: Reflective Thinking Skills
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
65)
What term is used to describe specific guidelines, methods, procedures, rules,
forms and administrative practices established to support and encourage work
toward stated goals?
A)
Long-term objectives
B)
Policies
C)
Annual objectives
D)
Strategies
E)
Values
Answer: B
Diff:
2 Page Ref: 217
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning Outcome: Discuss best practices for strategy
implementation
66)
Policies
A)
let both employees and managers know what is expected of them.
B)
provide a basis for management control.
C)
allow coordination across organizational units.
D)
reduce the amount of time managers spend making decisions.
E)
all of the above
Answer: E
Diff:
3 Page Ref: 217-218
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
67)
Which term is best defined as a central management activity that allows for
strategy execution?
A)
Avoidance
B)
Furlough
C)
Competition
D)
Resource allocation
E)
Conflict
Answer: D
Diff:
2 Page Ref: 219
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
68)
_______ is NOT a major factor that commonly prohibits effective resource
allocation.
A)
Underprotection of resources
B)
Organizational politics
C)
Having vague strategy targets
D)
A reluctance to take risks
E)
A lack of sufficient knowledge
Answer: A
Diff:
2 Page Ref: 219
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
69)
A disagreement between two or more parties on one or more issues is called a(n)
A)
integrated solution.
B)
conflict.
C) compromise.
D) diffusion.
E) avoidance.
Answer: B
Diff:
2 Page Ref: 219
Objective: 7.02 Discuss the importance of annual objectives
and policies in achieving organizational commitment for strategies to be
implemented.
Learning Outcome: Discuss best practices for strategy
implementation
70)
Conflict in an organization is
A)
always bad.
B)
always good.
C)
not always bad.
D)
a sign of bankruptcy.
E)
completely avoidable.
Answer: C
Diff:
2 Page Ref: 219
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
71)
What are the three categories of approaches for managing and resolving
conflict?
A)
Avoidance, defusion, and confrontation
B)
Avoidance, apathy, and defusion
C)
Ignorance, indifference, and apathy
D)
Defusion, apathy, and avoidance
E)
Indifference, avoidance, and role-playing
Answer: A
Diff:
3 Page Ref: 219
AACSB: Communication Abilities
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
72)
Which approach for managing and resolving conflict involves exchanging members
of conflicting parties so that each can gain an appreciation of the other's
point of view?
A) Avoidance
B) Resistance
C) Compliance
D) Defusion
E) Confrontation
Answer: E
Diff:
2 Page Ref: 220
AACSB: Communication Abilities
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
73)
Which approach for managing and resolving conflict involves ignoring the
problem in hopes that the conflict will resolve itself?
A) Avoidance
B) Resistance
C) Compliance
D) Defusion
E) Confrontation
Answer: A
Diff:
1 Page Ref: 219
AACSB: Communication Abilities
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning Outcome: Discuss best practices for strategy
implementation
74)
Which approach for managing and resolving conflict involves playing down
differences between conflicting parties, while accentuating similarities and common
interests?
A) Avoidance
B) Resistance
C) Compliance
D) Defusion
E) Confrontation
Answer: D
Diff:
2 Page Ref: 219
AACSB: Communication Abilities
Objective: 7.02 Discuss the importance of annual
objectives and policies in achieving organizational commitment for strategies
to be implemented.
Learning
Outcome: Discuss best practices for
strategy implementation
75)
Why do changes in company strategy often require changes in the way an
organization is structured?
A)
Structure dictates how goals and objectives will be established.
B)
Structure dictates how resources will be allocated.
C)
Structure should be designed to facilitate the strategic pursuit of a firm.
D)
All of the above
E)
None of the above
Answer: D
Diff:
2 Page Ref: 220
Objective: 7.03 Explain why organizational structure is
so important in strategy implementation.
Learning
Outcome: Compare and contrast approaches
to organizational structure
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