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Quiz auf SM - Kapitel 11 - Evaluation

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SM - Kapitel 11 - Evaluation

Question 1 of 9

1

What is the cornerstone of effective strategy evaluation?

Select one of the following:

  • Adequate and timely feedback

  • Quality and quantity of managers

  • Smaller ratio of top- to lower-level management

  • Evaluation preceding implementation stage

  • Punitive corrective actions

Explanation

Question 2 of 9

1

If success for one organizational department means failure for another department, then

Select one of the following:

  • synergistic

  • advantageous

  • trendy

  • feasible

  • inconsistent

Explanation

Question 3 of 9

1

All of the following are reasons strategy evaluation is more difficult today EXCEPT

Select one of the following:

  • a dramatic increase in the environment's complexity.

  • the increasing number of variables.

  • the increase in the number of both domestic and world events affecting organizations

  • the increasing time span for which planning can be done with any degree of certainty.

  • the rapid rate of obsolescence of even the best plans.

Explanation

Question 4 of 9

1

Strategy-evaluation activities should ideally be performed

Select one of the following:

  • just on a periodic basis.

  • only at the onset of a problem.

  • on a continuous basis

  • solely upon completion of major projects.

  • annually only.

Explanation

Question 5 of 9

1

Corrective actions are almost always ________ except when external and internal factors have not significantly changed and the firm is progressing satisfactorily toward achieving stated objectives.

Select one of the following:

  • unnecessary

  • needed

  • undesirable

  • prohibitively expensive

  • futile

Explanation

Question 6 of 9

1

Which of the following is NOT included in measuring organizational performance?

Select one of the following:

  • Comparing results to competitors' expectations

  • Examining progress being made toward meeting stated objectives

  • Investigating deviations from plans

  • Evaluating individual performance

  • Comparing expected results to actual results

Explanation

Question 7 of 9

1

Financial ratios are used to compare a firm's performance over different time periods, to compare the firm's performance to industry averages, and to compare a firm's performance with

Select one of the following:

  • overall business standards

  • projected goals.

  • the performance of suppliers

  • non-financial ratios

  • the performance of competitors.

Explanation

Question 8 of 9

1

Research suggests that which of the following is one of the best ways to overcome individuals' resistance to change in strategy evaluation?

Select one of the following:

  • Participation

  • Command-and-control

  • Laissez-faire system

  • Rational argument

  • Emotional reactions

Explanation

Question 9 of 9

1

________ plans can be defined as alternative plans that can be put into effect if certain key events do not occur as expected.

Select one of the following:

  • Agile

  • Scenario

  • Evaluation

  • Contingency

  • Forecast

Explanation

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