In general, performance measures-financial and nonfinancial-should relate to what managers at different levels control.
Answer the following statement true (T) or false (F)
True
Managers should be measured on what they can control.
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For all types of generic strategies, a company's success in sustaining its competitive edge depends on
A. defining its differences in terms of product line, production emphasis, location, joint ventures, and strategic alliances. B. establishing a central theme for how the company will endeavor to outcompete its rivals and engage complementors with cooperative strategies. C. defining its differences in terms of marketing emphasis, strategic group intracompetition, and the means of maintaining strategy. D. its market and competitive environment, a defensible niche, and a homogeneous strategic group. E. having resources and capabilities that rivals have trouble duplicating and for which there are no good substitutes.
Carroll, Levy and Richmond identified seven areas of self-insight into leadership practice: ______, process, consciousness, awareness, ______, everydayness and identity.
a. Habits/control b. Language/human resources c. Errors/problems d. Values/emotions
Virtual organizations ________ whereas modular organizations ________.
A. accept interdependent destinies; pursue collective strategies B. are usually permanent; are usually temporary C. give up part of their strategic control; retain full strategic control D. pursue collective strategies; forfeit strategic control
Stockholders have the power to
a. elect directors. b. amend the by-laws. c. approve of a merger. d. all of these.