BUSN- Chapter 6 Self Graded Quiz

BUSN- Chapter 6 Self Graded Quiz - Chapter 6 Self- Graded...

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Chapter 6 Self- Graded Test 1. Which of the following is not one of the principal managerial components associated with implementing and executing strategy? -Reducing the layers of management to a bare minimum and making sure employees are empowered. 2. The rationale for making strategy-critical value chain activities the primary building blocks in a company’s organizational scheme is based on: -the thesis that if activities crucial to strategic success are to have the resources, decision-making influence, and organizational impact they need, they have to be centerpieces in the organizational scheme. 3. Which of the following falsely describes a centralized approach to decision-making? -Hierarchical command-and-control structures speed an organization's responses to changing conditions because top-level managers are in a position to quickly review the situation and make a final decision. 4. A change in strategy nearly always entails budget reallocations because: -new strategic initiatives can be costly or capital intensive. 5. Prescribing policies and operating procedures aid the task of implementing strategy by:
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This note was uploaded on 10/01/2010 for the course BUSN 499 taught by Professor Tower during the Spring '08 term at Ferris State.

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BUSN- Chapter 6 Self Graded Quiz - Chapter 6 Self- Graded...

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