What is the cornerstone of effective strategy evaluation?
Respuesta
Adequate and timely feedback
Quality and quantity of managers
Smaller ratio of top- to lower-level management
Evaluation preceding implementation stage
Punitive corrective actions
Pregunta 2
Pregunta
If success for one organizational department means failure for another department, then
Respuesta
synergistic
advantageous
trendy
feasible
inconsistent
Pregunta 3
Pregunta
All of the following are reasons strategy evaluation is more difficult today EXCEPT
Respuesta
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.
Pregunta 4
Pregunta
Strategy-evaluation activities should ideally be performed
Respuesta
just on a periodic basis.
only at the onset of a problem.
on a continuous basis
solely upon completion of major projects.
annually only.
Pregunta 5
Pregunta
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.
Respuesta
unnecessary
needed
undesirable
prohibitively expensive
futile
Pregunta 6
Pregunta
Which of the following is NOT included in measuring organizational performance?
Respuesta
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
Pregunta 7
Pregunta
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
Respuesta
overall business standards
projected goals.
the performance of suppliers
non-financial ratios
the performance of competitors.
Pregunta 8
Pregunta
Research suggests that which of the following is one of the best ways to overcome individuals' resistance to change in strategy evaluation?
Respuesta
Participation
Command-and-control
Laissez-faire system
Rational argument
Emotional reactions
Pregunta 9
Pregunta
________ plans can be defined as alternative plans that can be put into effect if certain key events do not occur as expected.