Str 581 week 5quiz (all correct)

STR/581 Strategic Planning and Implementation

STR 581 week 5 Quiz (all correct)

 

1.      Key, routine activities that must be undertaken in each department of the organization are

 

    • [removed]functional tactics
    • [removed]corporate tactics
    • [removed]resource tactics
    • [removed]business tactics

 

2.      These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially.

 

    1. [removed]Social norms
    2. [removed]Religions
    3. [removed]Values
    4. [removed]Educations

 

3.       CCC21 stands for

 

    1. [removed]competitive cost competency in the 21st century.
    2. [removed]continuous cost competitiveness in the 21st century.
    3. [removed]cost chain competition for the 21st century.
    4. [removed]construction of cost competitiveness for the 21st century.

 

 

 

4.       Short-term objectives are usually

    1. [removed]quantitative
    2. [removed]qualitative
    3. [removed]set to be completed within 5 years
    4. [removed]completed within 2 months

 

5.       This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful.

 

    1. [removed]Market research
    2. [removed]Solution spotting
    3. [removed]Trend following
    4. [removed]Mental invention

 

6.      In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives?

 

    1. [removed]Grand strategy
    2. [removed]Operational strategy
    3. [removed]Corporate strategy
    4. [removed]Tactical strategy

 

7.      While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group.

 

    1. [removed]Lagging innovations
    2. [removed]Disruptive innovations
    3. [removed]Acquired innovations
    4. [removed]Throughput technologies

 

8.      Strategic surveillance must be kept

 

    1. [removed]as fast as possible.
    2. [removed]as focused as possible.
    3. [removed]as unfocused as possible.
    4. [removed]internal.

 

9.      Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation

 

    1. [removed]more relevant and acceptable
    2. [removed]more difficult
    3. [removed]more geared toward growth
    4. [removed]more expensive

 

10.  The DMAIC (define, measure, analyze, improve, and control) process is relevant to

 

    1. [removed]CCC21
    2. [removed]Six Sigma
    3. [removed]balanced scorecard
    4. [removed]strategic matrix analysis

 

 

 

11.  This, called kaizen in Japanese, is the process of relentlessly trying to find ways to improve and enhance a company’s products and processes from design through assembly, sales, and service.

 

    1. [removed]Incremental innovation
    2. [removed]Six Sigma
    3. [removed]Continuous improvement
    4. [removed]CCC21

 

12.  Organizational culture includes important assumptions shared by members of the organization. These assumptions are often

 

    1. [removed]unstated
    2. [removed]very obvious to outsiders
    3. [removed]very similar to all other organizations in that industry
    4. [removed]formalized

 

13.  The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is

 

    1. [removed]developing principles
    2. [removed]education and leadership development
    3. [removed]identifying an action plan
    4. [removed]creating passion

 

14.  Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm’s advertisements. This demonstrates managers’

 

    1. [removed]dissemination of stories and legends about core values.
    2. [removed]emphasis on key themes or dominant values.
    3. [removed]building time into the organization.
    4. [removed]managing the firm globally.

 

15.  A leader’s vision should be

    1. [removed]long
    2. [removed]simple
    3. [removed]varied
    4. [removed]complex

 

16.  This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.

 

    1. [removed]Strategic control
    2. [removed]Strategy evaluation
    3. [removed]Strategic implementation
    4. [removed]Strategic decision-making

 

17.  These are also referred to as crowdsourcing or open innovation.

 

    1. [removed]Ideagoras
    2. [removed]Golddiggers
    3. [removed]Sustainers
    4. [removed]Disruptors

 

 

18.  Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually

 

    1. [removed]need little coordination
    2. [removed]require organizational coordination
    3. [removed]focus on public relations
    4. [removed]require additional personnel

 

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