SM - Kapitel 11 - Evaluation

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Quiz auf SM - Kapitel 11 - Evaluation

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Question 1

Question
What is the cornerstone of effective strategy evaluation?
Answer
  • Adequate and timely feedback
  • Quality and quantity of managers
  • Smaller ratio of top- to lower-level management
  • Evaluation preceding implementation stage
  • Punitive corrective actions

Question 2

Question
If success for one organizational department means failure for another department, then
Answer
  • synergistic
  • advantageous
  • trendy
  • feasible
  • inconsistent

Question 3

Question
All of the following are reasons strategy evaluation is more difficult today EXCEPT
Answer
  • a dramatic increase in the environment's complexity.
  • the increasing number of variables.
  • the increase in the number of both domestic and world events affecting organizations
  • the increasing time span for which planning can be done with any degree of certainty.
  • the rapid rate of obsolescence of even the best plans.

Question 4

Question
Strategy-evaluation activities should ideally be performed
Answer
  • just on a periodic basis.
  • only at the onset of a problem.
  • on a continuous basis
  • solely upon completion of major projects.
  • annually only.

Question 5

Question
Corrective actions are almost always ________ except when external and internal factors have not significantly changed and the firm is progressing satisfactorily toward achieving stated objectives.
Answer
  • unnecessary
  • needed
  • undesirable
  • prohibitively expensive
  • futile

Question 6

Question
Which of the following is NOT included in measuring organizational performance?
Answer
  • Comparing results to competitors' expectations
  • Examining progress being made toward meeting stated objectives
  • Investigating deviations from plans
  • Evaluating individual performance
  • Comparing expected results to actual results

Question 7

Question
Financial ratios are used to compare a firm's performance over different time periods, to compare the firm's performance to industry averages, and to compare a firm's performance with
Answer
  • overall business standards
  • projected goals.
  • the performance of suppliers
  • non-financial ratios
  • the performance of competitors.

Question 8

Question
Research suggests that which of the following is one of the best ways to overcome individuals' resistance to change in strategy evaluation?
Answer
  • Participation
  • Command-and-control
  • Laissez-faire system
  • Rational argument
  • Emotional reactions

Question 9

Question
________ plans can be defined as alternative plans that can be put into effect if certain key events do not occur as expected.
Answer
  • Agile
  • Scenario
  • Evaluation
  • Contingency
  • Forecast