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A company’s values or core values concern:,”a. whether and to what extent it intends to operate is an ethical and socially responsible mannerb. how aggressively it will seek to maximize profits and enforce high ethical standardsc. the beliefs and operating principles built into the company’s “”balanced scorecard”” for measuring performanced. the beliefs, traits, and behavioral norms that company personnel are expected to display in conducting the company’s business and pursing its strategic vision and mission Xe. the beliefs, principles
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Read more_________ is the process by which managers create a specific type of organizational structure and culture.
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Read moreThe difference between a resource and a capability is:,”a. a resource is a productive input or competitive asset, while a capability is the capacity of the firm to perform some internal activity competently.b. A resource is a reserve supply or back-up supply function, whereas a capability is the ability to manage the resource functionc. A resource is a mechanism used for carrying out some responsibility, while a capability possesses the qualities needed to do a particular thingd. A resource is the firm’s fixed assets
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Read more“A company’s “”macro-environment”” refers to:”,”a. the industry and the competitive arena in which the company operatesb. general economic conditions plus the factors driving change in the markets where a company operatesc. the strategically relevant factors outside a company’s industry boundaries- economic conditions, political factors, socio-cultural forces, technological factors, environmental factors
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Read more“To create a strategy-supportive system of rewards and incentives, a company must:”,”a. reward people for accomplishing results
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Read moreThe process by which managers decide how to divide tasks into specific jobs is known as____.
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Read moreA low-cost leader’s basis for competitive advantage is :
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Read more“In trying to gain employees’ wholehearted commitment to good strategy execution and operating excellence, managers are well advised to use such incentives as:”,”a. providing attractive perks and fringe benefitsb. giving frequent words of praise, special recognition at company gatherings, stimulating assignments
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Read more“The resolute standard for judging whether individuals, teams, and organizational units have done a good job must be measured by:”
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