STR 581 Week 5 Quiz
1. This is concerned with tracking a strategy as it is
being implemented, detecting problems or changes in its underlying premises,
and making necessary adjustments.
2. Discussion about and agreement on short-term
objectives help raise issues and potential conflicts within an organization
that usually
3. CCC21 stands for
4. While these may under perform established products
in mainstream markets, they often offer features or capabilities appreciated by
some fringe customer group.
5. 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.
6. The DMAIC (define, measure, analyze, improve, and
control) process is relevant to
7. These are also referred to
as crowdsourcing or open innovation.
8. A leaderΓ’ΒΒs vision should be
9. The effort to familiarize future leaders with the
skills important to the company and to develop exceptional leaders among the
managers you employ is
10. Key, routine activities that must be undertaken in
each department of the organization are
11. Strategic surveillance must be kept
12. This idea factor involves following demographic
and other broad trends and trying to develop ideas that may be relevant and
useful.
13. 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’
14. In which type of strategy do functional tactics
translate into action designed to accomplish specific short-term objectives?
15. Organizational culture includes important
assumptions shared by members of the organization. These assumptions are often
16. Short-term objectives are usually
17. Short-term objectives assist strategy
implementation by identifying measurable outcomes of action plans or functional
activities, which can make feedback, correction, and evaluation
18. These create differences across national
boundaries that influence how people interact, read personal cues, and
otherwise interrelate socially.
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