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Mana 4322 Ch 1
chapter 1 mana 4322 dwight long uta
A CEO made a lot of mistakes in assessing the market and the competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the __________ perspective of leadership.
external control romantic internal mechanism operational
According to the text, the strategic management process entails three ongoing processes:
analyses, actions, and synthesis analyses, decisions, and actions analyses, evaluation, and critique analyses, synthesis, and antithesis
Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because:
companies that have implemented these techniques have lost money there is no proof that these techniques work they cost too much money and effort to implement every company is trying to implement them and hence it does not make a company different from others
The organizational versus the individual rationality perspective suggests that:
what is good for a functional area is always good for the organization what is good for the organization is always good for a functional area what is best for a functional area may not be best for the organization the incremental perspective may be best for functional areas while the "rational" perspective may be best for the organization
The four key attributes of strategic management include the idea that:
strategy must be directed toward overall organizational goals and objectives strategy must be focused on long-term objectives strategy must be focused on one specific area of an organization strategy must focus on competitor strengths
The four key attributes of strategic management include all of the following EXCEPT:
including multiple stakeholder interests in decision making incorporating both short-term and long-term perspectives recognizing the trade-offs between effectiveness and efficiency emphasis on the attainment of short-term objectives
Effectiveness is often defined as:
doing things right stakeholder satisfaction doing the right thing productivity enhancement
All of the following are ambidextrous behaviors EXCEPT:
taking initiative and being alert to opportunities beyond the confines of one's own job being cooperative and seeking opportunities to combine one's efforts with others intensely focusing on the responsibilities of one individual and maximizing the output of the department in the organization in which that individual works being brokers, always looking to build internal linkages
According to Henry Mintzberg, the realized strategies of a firm:
are a combination of deliberate and emergent strategies are a combination of deliberate and differentiation strategies must be based on the strategic plan of the company must be kept confidential for competitive reasons
According to Henry Mintzberg, decisions following from the strategic analysis of the firm are its:
emergent strategy deliberate strategy intended strategy realized strategy
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