De Wit & Meyer (2010) discuss the strategy formation activities. What is, according to them, the correct order of these activities?
Identifying, diagnosing, realizing, and conceiving
Identifying, diagnosing, conceiving, and realizing
Identifying, conceiving, diagnosing, and realizing
Diagnosing, identifying, conceiving, and realizing.
De Wit & Meyer (2010) discuss the strategy formation activities. What are, according to the authors, the two sub-categories of diagnosing?
Examining and judging
Mission and agenda setting
Internal and external assessment
Observing and initiating.
De Wit & Meyer (2010) discuss the strategy formation activities. What are, according to the authors, the two sub-categories of identifying?
Examining and judging
Mission and agenda setting
Internal and external assessment
Observing and initiating.
De Wit & Meyer (2010) list some strategy formation roles. The authors do NOT list the following:
Top/middle/bottom roles
Corporate/business roles
Line/staff roles
Internal/external roles.
According to De Wit & Meyer (2010), what is the main paradox of the formation part of strategy?
Logic vs. creativeness
Realized vs. unrealized strategy
Planning vs. incrementalism
Deliberateness vs. emergence.
When it comes to strategic behavior there are, according to De Wit & Meyer (2010), some prominent advantages which strongly pressure organizations to engage in deliberate planning. Which of the following do the authors NOT mention?
Coordination
Optimization
Direction
Learning.
When it comes to strategic behavior there are, according to De Wit & Meyer (2010), some prominent advantages which strongly pressure organizations into letting strategy emerge. Which of the following do the authors NOT mention?
Entrepreneurship
Opportunism
Support
Adaptation
According to De Wit & Meyer (2010), how is incrementalism different to muddling through?
There is no difference between them
Incrementalism is always predicated on formal logic, whereas muddling through is not
Muddling through is incremental in nature, yet it is also reactive and ad hoc
Incrementalism is like muddling through, yet incrementalism is also reactive and ad hoc in nature.
According to De Wit and Meyer (2010), what is the major feature of the strategic planning perspective?
Strategy is an emergent process
Strategy is a learning process
Strategy is deliberately planned and executed
Strategy is a successful pattern of actions.
According to De Wit & Meyer (2010), how would you describe the formation process in the planning perspective?
Directed by organizational culture
Political and flexible
Structured and comprehensive
Unstructured and fragmented.
What would Mintzberg & Waters (1985, in De Wit & Meyer, 2010) call a strategy that came about despite, or in the absence of, intentions?
Intended strategy
Deliberated strategy
Emergent strategy
Realized strategy.
MTV was the first 24-hour music television network in the world. MTV Latino is the Spanish-language affiliate broadcasting two region-specific versions of MTV for the Latin American market, while MTV Europe produces three English-language variations for different parts of Europe. Until now, MTV has not initiated any radical strategic changes, but is actively searching for ways to gradually adapt to new competitive circumstances. According to De Wit & Meyer (2010), which perspective does MTV seem to be taking on the issue of strategy formation?
The planning perspective
The incrementalism perspective
The organizational dynamics perspective
The strategy emergence perspective.
According to De Wit & Meyer (2010), what can explain Samsung’s successful strategic planning approach?
Focusing on small steps, short-term orientation, opportunism
Cutting capital spending and production capacity
Committing to long-term investments, coordinating its businesses to create synergies.
Setting realistic goals, limiting the investments.