Project #25441 - week 5 quiz

1

This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful.

·        

Trend following

·        

Mental invention

·        

Solution spotting

·        

Market research

 

2

Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation

·        

more relevant and acceptable

·        

more expensive

·        

more geared toward growth

·        

more difficult

 

3

The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is

·        

developing principles

·        

identifying an action plan

·        

creating passion

·        

education and leadership development

 

4

These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially.

·        

Values

·        

Social norms

·        

Religions

·        

Educations

 

5

Strategic surveillance must be kept

·        

internal.

·        

as fast as possible.

·        

as unfocused as possible.

·        

as focused as possible

 

6

The DMAIC (define, measure, analyze, improve, and control) process is relevant to

·        

CCC21

·        

balanced scorecard

·        

strategic matrix analysis

·        

Six Sigma

 

7

Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually

·        

focus on public relations

·        

need little coordination

·        

require additional personnel

·        

require organizational coordination

 

8

A leader’s vision should be

·        

complex

·        

varied

·        

simple

·        

long

 

9

While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group.

·        

Acquired innovations

·        

Throughput technologies

·        

Disruptive innovations

·        

Lagging innovations

 

10

Short-term objectives are usually

·        

set to be completed within 5 years

·        

quantitative

·        

qualitative

·        

completed within 2 months

 

11

CCC21 stands for

·        

cost chain competition for the 21st century.

·        

competitive cost competency in the 21st century.

·        

continuous cost competitiveness in the 21st century.

·        

construction of cost competitiveness for the 21st century.

 

12

In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives?

·        

Tactical strategy

·        

Corporate strategy

·        

Operational strategy

·        

Grand strategy

 

13

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.

·        

CCC21

·        

Continuous improvement

·        

Incremental innovation

·        

Six Sigma

 

14

Organizational culture includes important assumptions shared by members of the organization. These assumptions are often

·        

very similar to all other organizations in that industry

·        

unstated

·        

very obvious to outsiders

·        

formalized

 

15

Key, routine activities that must be undertaken in each department of the organization are

·        

resource tactics

·        

corporate tactics

·        

functional tactics

·        

business tactics

 

16

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'

·        

managing the firm globally.

·        

building time into the organization.

·        

dissemination of stories and legends about core values.

·        

emphasis on key themes or dominant values.

 

17

This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.

·        

Strategy evaluation

·        

Strategic control

·        

Strategic implementation

·        

Strategic decision-making

 

18

These are also referred to as crowdsourcing or open innovation.

·        

Ideagoras

·        

Disruptors

·        

Golddiggers

·        

Sustainers

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Due By (Pacific Time) 03/19/2014 01:00 am
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