Which of the following managerial actions and initiatives are not considered to be part of the strategy execution process?
A) Building an organization with the capabilities, people, and structure needed for execution
B) Instituting policies and procedures that facilitate rather than impede effective strategy execution
C) Allocating ample resources to required activities
D) Tying rewards directly to the achievement of performance objectives
E) Deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve
E) Deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve
Among the company efforts to execute strategy are (1) building an organization consisting of the capabilities, people, and structure needed to execute the strategy successfully; (2) allocating ample resources to strategy-critical activities, including budget reallocations and resource shifting (growing or downsizing strategic business units); (3) ensuring that policies and procedures facilitate rather than impede effective strategy execution, enforcing consistency, supporting change, and promoting a can-do work climate; and (4) tying rewards directly to the achievement of performance objectives, both substantive (financial compensation) and symbolic (culture affirming).
You might also like to view...
Which of the following rules must be kept in mind while framing a questionnaire?
A) Use broad and loosely defined words in the questions. B) Avoid using response bands. C) Ensure that fixed responses overlap. D) Frame hypothetical questions. E) Allow for the answer "other" in fixed-response questions.
The blogosphere is cluttered and difficult to control
Indicate whether the statement is true or false
Which of the following generally is considered a limitation of the balance sheet?
a. The balance sheet reflects the current value of a business. b. The balance sheet reflects the instability of the dollar. c. Balance sheet formats and classifications do not vary to reflect industry differences. d. Due to measurement problems, some enterprise resources and obligations are not reported on the balance sheet.
Divine Paper, a United States-based company, processes wood pulp into paper products in fixed-asset intensive facilities. It has a large ratio of property, plant, and equipment to total assets and a high debt-equity ratios. Which of the following is/are true?
a. Divine Paper carries higher levels of risk than an electrical utility. b. Divine Paper does not have the regulated, monopoly status of an electrical utility. c. Sales of Divine Paper are more sensitive to changes in the level of business activity than those of an electric utility. d. The higher risk of Divine Paper, relative to an electric utility, raises its borrowing costs and decreases its reliance on debt financing. e. all of the above