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UOP STR581 week 5 knowledge check quiz




Question;1.This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.HintA.Strategy evaluationB.Strategic implementationC.Strategic controlD.Strategic decision-makingStrategic surveillance must be focused as unfocused as fast as possibleD.internal3.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.HintA.CCC21B.Incremental innovationC.Continuous improvementD.Six Sigma4.CCC21 stands forHintA.competitive cost competency in the 21st of cost competitiveness for the 21st centuryC.cost chain competition for the 21st centuryD.continuous cost competitiveness in the 21st century2 attempts left.5.The DMAIC (define, measure, analyze, improve, and control) process is relevant toHintA.CCC21B.balanced scorecardC.strategic matrix analysisD.Six Sigma6.This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful.HintA.Mental inventionB.Trend followingC.Market researchD.Solution spotting7.While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group.HintA.Throughput technologiesB.Acquired innovationsC.Disruptive innovationsD.Lagging innovations8.These are also referred to as crowdsourcing or open innovation.HintA.IdeagorasB.DisruptorsC.SustainersD.Golddiggers9.Short-term objectives are usuallyHintA.completed within 2 monthsB.quantitativeC.qualitativeD.set to be completed within 5 years10.Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluationHintA.more relevant and acceptableB.more expensiveC.more difficultD.more geared toward growth11.Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usuallyHintA.need little coordinationB.require additional personnelC.focus on public relationsD.require organizational coordination12.Key, routine activities that must be undertaken in each department of the organization tacticsB.resource tacticsC.functional tacticsD.corporate tactics13.In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives?HintA.Corporate strategyB.Grand strategyC.Operational strategyD.Tactical strategy14.A leader?s vision should beHintA.variedB.complexC.simpleD.long15.The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ isHintA.identifying an action and leadership developmentC.developing principlesD.creating passion16.Organizational culture includes important assumptions shared by members of the organization. These assumptions are oftenHintA.very similar to all other organizations in that industryB.very obvious to outsidersC.unstatedD.formalized17.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'HintA.dissemination of stories and legends about core valuesB.emphasis on key themes or dominant valuesC.building time into the organizationD.managing the firm globally18.These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially.HintA.ValuesB.ReligionsC.Social normsD.EducationsNext ?Next ?Next ?


Paper#53886 | Written in 18-Jul-2015

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