You are reading a business document that outlines your company's long-term goals and direction. These goals include "Reduce energy consumption in our offices by 20%," "Grow out market share in China from 3% to 10%," "Enter a strategic alliance with a partner in Australia to begin selling our products in Sydney and Brisbane," and "Equip all sales representatives with an app that allows them to provide an immediate quote when meeting with customers." What type of document are you reading?
A. a values statement
B. a business plan
C. a SMART goal
D. a vision statement
E. a strategic plan
A. a values statement
A strategic plan, or strategy, sets the long-term goals and direction for an organization.
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While cognitive and emotional processes have a strong relationship to each other, the ________ component and its role have received considerably less attention.
Fill in the blank(s) with the appropriate word(s).
List the three key elements of management information systems.
What will be an ideal response?
What is one of the main criticisms of ‘Strategic Contingencies Theory’ identified in your textbook?
a. It explains very little that is useful in understanding power b. It ignores that sub-units are all interdependent so none can be more powerful than others c. It relies on the assumption that organizational configurations are simple, tightly regulated, bureaucracies d. Both a and c
Which of the following is true about goal setting?
A. Equity is the greatest moderator of goal achievement. B. SNARK goals result in the highest levels of goals achievement. C. Specific, difficult goals are best. D. Difficult goals reduce motivation. E. Employees work hardest and are most engaged when the goals are easy.