MODULE 4 (NEW)

Question 1

The sum total of the activities and choices required for the execution of a strategic plan

Answer 1

Strategy Implementation

Question 2

The process by which objectives, strategies and policies are put into action through the development of programs, budgets and procedures.

Answer 2

Strategy Implementation

Question 3

Is to make a strategy action oriented.

Answer 3

Program

Question 4

Develop yo identify and improve a poorly performing process.

Answer 4

Program

Question 5

Brynjolfsson, Renshaw, and Van Alstyne proposed a ____________ to help managers decide how quickly change should proceed, in what order changes should take place, whether to start at a new site, and whether the proposed systems are stable and coherent.

Answer 5

Matrix of Change

Question 6

Typically detail the various activities that must be carried out to complete a corporation’s programs

Answer 6

Standard Operating Procedures

Question 7

The matrix of change can be used to address the following types of questions:

Answer 7

Feasibility
Sequence of execution
Location
Pace and nature of change
Stakeholder evaluations

Question 8

changes in corporate strategy lead to changes in organizational structure.16 He
also concluded that organizations follow a pattern of development from one kind of
structural arrangement to another as they expand.

Answer 8

structure follows strategy

Question 9

primarily about the choice of direction for a firm as a whole and the management of its business or product portfolio.

Answer 9

Corporate strategy

Question 10

typically fit within the three main categories of stability, growth, and
retrenchment.

Answer 10

Corporate strategies

Question 11

is typified by the entrepreneur, who founds a company to promote an idea
(a product or a service). The entrepreneur tends to make all the important decisions
personally and is involved in every detail and phase of the organization.

Answer 11

Simple Structure

Question 12

is the point when the entrepreneur is replaced by a team of managers who
have functional specializations.

Answer 12

Functional Structure

Question 13

is typified by the corporation’s managing diverse product lines in
numerous industries; it decentralizes the decision-making authority.

Answer 13

Divisional Structure

Question 14

The use of SBUs may result in a
___________ in which the corporation has grown too large and complex to be managed
through formal programs and rigid systems, and procedures take precedence over
problem-solving.

Answer 14

red tape crisis

Question 15

how organizations grow, develop, and
eventually decline.

Answer 15

Organizational Life Cycle

Question 16

is the radical redesign of business processes to achieve major gains in cost, service, or time. It is not in itself a type of structure, but it is an effective
program to implement a turnaround strategy.

Answer 16

Reengineering

Question 17

who popularized the concept of reengineering?

Answer 17

Michael Hammer,

Question 18

an analytical method for achieving near-perfect results on a production line.

Answer 18

Six Sigma

Question 19

refers to the study of individual tasks in an attempt to make them more relevant to the company and to the employee(s).

Answer 19

Job design

Question 20

combining tasks to give a worker more of
the same type of duties to perform

Answer 20

job enlargement

Question 21

moving workers through several jobs to increase variety

Answer 21

job rotation

Question 22

altering the jobs by giving the worker more autonomy and control over activities

Answer 22

job enrichment

Question 23

What are the new job design techniques?

Answer 23

job enlargement
job rotation
job enrichment

Question 24

focuses on improving the
competitive position of a company’s or business unit’s products or services within the
specific industry or market segment that the company or business unit serves.

Answer 24

business strategy

Question 25

the approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity.

Answer 25

Functional Strategy