Lesson 8 Flashcards

1
Q

is the translation of chosen strategy into organizational action so as to
achieve strategic goals and objectives.

A

Strategy implementation

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2
Q

is also defined as the manner
in which an organization should develop, utilize, and amalgamate organizational structure,
control systems, and culture to follow strategies that lead to competitive advantage and a
better performance.

A

Strategy implementation

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3
Q

allocates special value developing tasks and roles to the employees
and states how these tasks and roles can be correlated so as maximize efficiency, quality, and
customer satisfaction-the pillars of competitive advantage.

A

Organizational structure

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4
Q

But, organizational structure is not
sufficient in itself to motivate the employees.

A

True

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5
Q

An organizational control system is also required.

A

True

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6
Q

This control system equips managers with
motivational incentives for employees as well as feedback on employees and organizational
performance.

A

Organizational Control System

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7
Q

refers to the specialized collection of values, attitudes,
norms and beliefs shared by organizational members and groups.

A

. Organizational culture .

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8
Q

▪ Developing an organization having potential of carrying out strategy successfully.
▪ Disbursement of abundant resources to strategy-essential activities.
▪ Creating strategy-encouraging policies.
▪ Employing best policies and programs for constant improvement.
▪ Linking reward structure to accomplishment of results.
▪ Making use of strategic leadership.

A

steps in implementing a strategy

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9
Q

Excellently formulated strategies will fail if they are properly implemented.

A

False

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10
Q

strategy implementation is possible even without stability between
strategy and each organizational dimension such as organizational structure, reward structure,
resource-allocation process, etc.

A

False

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11
Q

Strategy implementation poses a threat to many managers and employees in an organization.
.

A

True

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12
Q

are predicted and achieved.

A

New power relationships

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13
Q

are formed whose values, attitudes, beliefs and concerns may not be known. With the change
in power and status roles, the managers and employees may employ confrontation behaviour.

A

New groups (formal as well as informal)

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14
Q

includes planning and
decision-making involved in developing
organization’s strategic goals and plans.

A

Strategy Formulation

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15
Q

is placing the
Forces before the action.

A

Strategy Formulation

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16
Q

is an Entrepreneurial
Activity based on strategic decision-making. It emphasizes effectiveness.

A

Strategy Formulation

17
Q

a rational process.

A

Strategy Formulation

18
Q

requires co-ordination
among few individuals.

A

Strategy Formulation

19
Q

requires a great deal
of initiative and logical skills.

A

Strategy Formulation

20
Q

precedes Strategy
Implementation.

A

Strategy Formulation

21
Q

involves all those
means related to executing the strategic
plans.

A

Strategy Implementation

22
Q

is managing
forces during the action.

A

Strategy Implementation

23
Q

mainly
an Administrative Task based on strategic and
operational decisions. It emphasizes efficiency

A

Strategy Implementation

24
Q

s basically
an operational process.

A

Strategy Implementation

25
Q

requires
specific motivational and leadership traits.

A

Strategy Implementation

26
Q

follows Strategy
Formulation.

A

Strategy Implementation