Chapter: 17
Select the choice which best completes the statement, or answers the question, by clicking on the corresponding letter.
Strategy effectiveness, and competitive success, are dependent on which of the following groups of competencies?
- Change, planning, learning
- Content, change, planning
- Content, change, learning
- Learning, planning, content
Which of the following competencies relates to functionality?
- Providing excellent quality, which is recognized by customers
- Developing and introducing new processes, for cost savings and speedier decision-making
- Manage 'green' issues to avoid crises or create competitive advantage
- Avoid business failures by becoming and staying crisis averse
Doing things right, and doing the right things, are also known as?
- Efficiency and effectiveness
- Strategic competency and congruence
- Strategic competency and strategy creation
- Corporate strategy and synergy
Which, of the following elements of strategy, affect the process of strategy creation and implementation?
- Synergy
- The strategic leader’s perspective on strategy
- Structure
- Strategic paradoxes
Miles and Snow (1994) identify four main reasons for failure. Which of the following is one of those reasons?
- Lack of competitive advantage
- Lack of strategy competency
- Lack of strategic resources
- Poor judgement leading to poor, inappropriate strategic decisions
How does Checkland (1981) describe an organization?
- A collection of people who are trying to act with purpose
- Systems that comprise a collection of people, who are trying to act with purpose
- A collection of people that act with little purpose
- A collection of systems and functions, inclusive of its people
How might an organization spot, create, and exploit new opportunities ahead of its rivals?
- Through managers in the various businesses working together, sharing information and capabilities, helping each other, and creating synergy.
- Through managers in the various businesses sharing information, capabilities, and creating synergy.
- Through managers in the various businesses working together, sharing information, and sharing capabilities.
- Through managers in the various businesses, working together to create strategic competencies for the organization, in order to pursue opportunities.
Which of the following is not a competence, recognized by Richardson and Thompson (1994)?
- Strategic thinking
- Managing paradoxes
- Innovative climate
- Providing excellent quality
Which of the following is not a recognized performance outcome for an organization?
- Strong financial performance
- Committed employees
- High level of service
- Customer retention
If an organization is to survive, which of the following is most essential?
- Supernormal profits
- Market share
- Meeting stakeholder needs and expectation
- Meeting financial targets and satisfying investors