Question 1

What percent of large U.S.companies have CEO succession plans in place?

Accepted Answer

A)   10
B)   25
C)   50
D)   75
E)   90

Question 2

Firms in trouble seldom choose outsiders to lead them.

Accepted Answer

A) True 
 B)False

Question 3

What are the four elements of the MBO process?

Accepted Answer

The Management by Objectives (MBO)proces...

Question 4

According to Hofstede's dimensions of national culture, uncertainty avoidance is the extent to which a society accepts an unequal distribution of power in organizations.

Accepted Answer

A) True 
 B)False

Question 5

What information should an action plan include?

Accepted Answer

An action plan should include the follow...

Question 6

Assimilation involves the relatively balanced give-and-take of culture and managerial practices between the merger practices.

Accepted Answer

A) True 
 B)False

Question 7

Action plans are important for several reasons.Which one of the following is NOT one of these reasons?

Accepted Answer

A)   If the action plan is implemented properly, it ensures that the strategy will be a success.
B)   It serves as a link between strategy formulation and evaluation and control.
C)   The action plan specifies what needs to be done differently from the way operations are currently carried out.
D)   During the evaluation and control process, an action plan helps in the appraisal of the performance and identifying remedial actions needed.
E)   Motivation may be improved with the assignment of specific responsibility.

Question 8

According to Hofstede, which cultural dimension describes the extent to which a society accepts an unequal distribution of power in organizations?

Accepted Answer

A)   uncertainty avoidance
B)   masculinity-femininity
C)   power distance
D)   individualism-collectivism
E)   long-term orientation

Question 9

Which of the following practices was NOT identified by a study of 750 U.S., Japanese, and European companies that do a good job of managing foreign assignments?

Accepted Answer

A)   When making international assignments they focus on transferring knowledge and developing global leadership.
B)   They offer foreign assignments to people whose technical skills are matched or exceeded by their cross-cultural abilities.
C)   They offer assignments to those who want to return home early to share their experiences.
D)   They end foreign assignments with a deliberate repatriations process with career guidance.
E)   They end foreign assignments with a deliberate repatriation process with jobs where the employees can apply what they learned in their assignments.

Question 10

Which of the following is NOT a guideline proposed for successful downsizing?

Accepted Answer

A)   Contract out work that others can do cheaper.
B)   Plan for long-run efficiencies.
C)   Make across-the-board cuts.
D)   Communicate the reasons for actions.
E)   Invest in the remaining employees.

Question 11

Corporate culture does not necessarily have to support the strategy of the firm.

Accepted Answer

A) True 
 B)False

Question 12

According to Hofstede's dimensions of national culture, long-term orientation is the extent to which society is oriented toward the long versus the short term.

Accepted Answer

A) True 
 B)False

Question 13

When Boeing created a separate unit to house the newly acquired operations of McDonnell-Douglas, they were managing the different cultures through separation.

Accepted Answer

A) True 
 B)False

Question 14

One component of an effective action plan is the determination of the expected financial and physical consequences of each action.

Accepted Answer

A) True 
 B)False

Question 15

What are the four general methods of managing two different cultures?

Accepted Answer

There are four general methods of managi...

Question 16

What are Hofstede's dimensions of national culture?

Accepted Answer

Hofstede's dimensions of national cultur...

Question 17

Successful analyzer firms tend to be headed by CEOs with backgrounds in the areas of

Accepted Answer

A)   research/engineering and general management.
B)   accounting/finance, manufacturing/production, and general management.
C)   marketing/sales.
D)   human resources and strategy.
E)   purchasing and logistics.

Question 18

TQM is an operational philosophy committed to customer satisfaction and continuous improvement.

Accepted Answer

A) True 
 B)False

Question 19

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Accepted Answer

A) True 
 B)False

Question 20

An action plan states what actions are going to be taken, by whom, during what time frame, and with what expected results.

Accepted Answer

A) True 
 B)False

Exam 10: Strategy Implementation: Staffing and Directing

One component of an effective action plan is the determination of the expected financial and physical consequences of each action.

Correct AnswerverifiedShow Answer

Corporate culture does not necessarily have to support the strategy of the firm.

Correct AnswerverifiedShow Answer

Firms in trouble seldom choose outsiders to lead them.

Correct AnswerverifiedShow Answer

Which of the following practices was NOT identified by a study of 750 U.S., Japanese, and European companies that do a good job of managing foreign assignments?

Correct AnswerverifiedShow Answer

An action plan states what actions are going to be taken, by whom, during what time frame, and with what expected results.

Correct AnswerverifiedShow Answer

Successful analyzer firms tend to be headed by CEOs with backgrounds in the areas of

Correct AnswerverifiedShow Answer

According to Hofstede's dimensions of national culture, uncertainty avoidance is the extent to which a society accepts an unequal distribution of power in organizations.

Correct AnswerverifiedShow Answer

According to Hofstede, which cultural dimension describes the extent to which a society accepts an unequal distribution of power in organizations?

Correct AnswerverifiedShow Answer

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Correct AnswerverifiedShow Answer

What information should an action plan include?

Correct AnswerverifiedAn action plan should include the follow...View AnswerShow Answer

According to Hofstede's dimensions of national culture, long-term orientation is the extent to which society is oriented toward the long versus the short term.

Correct AnswerverifiedShow Answer

Assimilation involves the relatively balanced give-and-take of culture and managerial practices between the merger practices.

Correct AnswerverifiedShow Answer

TQM is an operational philosophy committed to customer satisfaction and continuous improvement.

Correct AnswerverifiedShow Answer

What percent of large U.S.companies have CEO succession plans in place?

Correct AnswerverifiedShow Answer

What are the four general methods of managing two different cultures?

Correct AnswerverifiedThere are four general methods of managi...View AnswerShow Answer

What are the four elements of the MBO process?

Correct AnswerverifiedThe Management by Objectives (MBO)proces...View AnswerShow Answer

Which of the following is NOT a guideline proposed for successful downsizing?

Correct AnswerverifiedShow Answer

When Boeing created a separate unit to house the newly acquired operations of McDonnell-Douglas, they were managing the different cultures through separation.

Correct AnswerverifiedShow Answer

Action plans are important for several reasons.Which one of the following is NOT one of these reasons?

Correct AnswerverifiedShow Answer

What are Hofstede's dimensions of national culture?

Correct AnswerverifiedHofstede's dimensions of national cultur...View AnswerShow Answer

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An action plan should include the follow...
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There are four general methods of managi...
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The Management by Objectives (MBO)proces...
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Correct Answer
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Correct Answer
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Correct Answer
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Hofstede's dimensions of national cultur...
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