The three components of building a capable organization are
A. optimizing the number of core competencies and competitive capabilities, making sure that all managers and employees are empowered, and maximizing internal operating efficiency.
B. staffing the organization, acquiring, developing, and strengthening key resources and competitive capabilities, and structuring the organization and work effort.
C. making periodic changes in the firm's internal organization to keep people from getting into a comfortable rut, instituting a decentralized approach to decision-making, and developing the appropriate competencies and capabilities.
D. hiring a capable top management team, empowering employees, and establishing a strategy-supportive corporate culture.
E. putting a centralized decision-making structure in place, determining who should have responsibility for each value chain activity, and aligning the corporate culture with key policies, procedures, and operating practices.
Answer: B
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________ reflect the collective learning in organizations, such as, how to coordinate production skills, integrate multiple streams of technologies, and market and merchandise diverse products and services.
A. Horizontal integrations B. Core competencies C. Cultures D. Primary value chain activities
In the BCG matrix, identify the category of products that are net users of cash because they need money to make product improvements to compete in the lucrative, high-growth segment
A) cash cows B) dogs C) stars D) problem children
Explain the difference between job simplification and job expansion.
What will be an ideal response?
Free cash flow is cash from operations, less cash for
A) dividends and cash for fixed assets needed to maintain productivity B) dividends and cash to redeem bonds payable C) fixed assets needed to maintain productivity D) dividends, cash for fixed assets needed to maintain productivity, and cash to redeem bonds payable