When attachments to a culture are severed in an organization's attempt to change direction, employees and managers often experience deep feelings of grief.

51) When attachments to a culture are severed in an organization's attempt to change direction, employees and managers often experience deep feelings of grief.

Answer:  TRUE

Diff: 1    Page Ref: 236

Objective:  7.08 Describe how to modify an organizational culture to support new strategies.

Learning Outcome:  Explain how to manage resistance to change

52) Production processes typically constitute less than 50 percent of a firm's total assets.

Answer:  FALSE

Diff: 2    Page Ref: 236

Objective:  7.05 Describe the relationships between production/operations and strategy implementation.

Learning Outcome:  Discuss best practices for strategy implementation

53) JIT significantly increases the costs of implementing strategies.

Answer:  FALSE

Diff: 1    Page Ref: 237

Objective:  7.05 Describe the relationships between production/operations and strategy implementation.

Learning Outcome:  Discuss best practices for strategy implementation

54) Besides reducing worker alienation and stimulating productivity, ESOPs allow firms other benefits, such as substantial tax savings.

Answer:  TRUE

Diff: 2    Page Ref: 239

Objective:  7.07 Discuss employee stock ownership plans (ESOPs) as a strategic-management concept.

Learning Outcome:  Discuss best practices for strategy implementation

55) ESOPs work well even in firms with fluctuating payrolls and profits.

Answer:  FALSE

Diff: 2    Page Ref: 240

Objective:  7.07 Discuss employee stock ownership plans (ESOPs) as a strategic-management concept.

Learning Outcome:  Discuss best practices for strategy implementation

56) The work/family issue is strictly a women's issue.

Answer:  FALSE

Diff: 2    Page Ref: 241

AACSB:  Multicultural and Diversity Understanding

Objective:  7.03 Explain why organizational structure is so important in strategy implementation.

Learning Outcome:  Discuss best practices for strategy implementation

57) The United States leads the world in promoting women and minorities into mid- and top-level managerial positions in business.

Answer:  TRUE

Diff: 3    Page Ref: 241

AACSB:  Multicultural and Diversity Understanding

Objective:  7.03 Explain why organizational structure is so important in strategy implementation.

Learning Outcome:  Discuss best practices for strategy implementation