BSG Exam 2 (Answered) Complete Solution Verified 2022

BSG Exam 2 (Answered) Complete Solution Verified 2022 The advantages of a centralized organization structure include Reduced potential for conflicting actions and decisions on the part of lower-level personnel, facilitation of strong top management leadership in crisis situations, and tight control by the manager in charge-it is easy to know who is accountable when things do not go well One of the disadvantages of a decentralized structure featuring employee empowerment is A loss of "full control" on the part of top management (because higher-level managers may be unaware of actions taken by empowered employees under their supervision). Which of the following is not among the principal managerial components of the strategy execution process? Selecting energetic and motivated employees, training employees properly, and doing an effective job of empowering employees Which of the following is not a shortcoming or disadvantage of a decentralized organizational structure? Raises employee anxiety levels, thus discouraging many company personnel from being deeply involved in the business and lowering their motivation levels Management's handling of the process of implementing and executing a company's strategy can be considered successful If a company is meeting or beating its performance targets and has attained real proficiency in performing strategy critical value chain activities Which one of the following is not part of organizing a company's work effort in ways that promote successful strategy execution? (A summary of the key components of organizing the work effort appears in Figure 10.3.) How to organize the performance of value chain activities in ways that produce greater product differentiation versus the products of rivals Which of the following is the best example of related diversification? A producer of golf clubs and golf bags acquiring a maker of golf shoes and golf apparel Which one of the following is not among the outcomes that corporate executives should pursue in order for a strategy of unrelated diversification to produce companywide financial results above and beyond what the businesses could generate operating as stand-alone entities? Focus on acquiring businesses that offer the best opportunities for achieving rapid market growth and that have a big competitive advantage over rivals (thereby satisfying the industry attractiveness and competitive strength tests). A business unit's location in the nine-cell industry attractiveness-competitive strength matrix Signals whether each business' priority for receiving new investment capital and other resources from its corporate parent should be high, medium, or low Which of the following is not one of the appeals of related diversification? It is particularly well-suited for minimizing business risk and capturing valuable industry attractiveness fits. Economies of scope