MGRADES
MBA - Strategic Management - Quiz #10
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Delegating greater authority to subordinate managers and employees - CORRECT
ANSWER - creates a more horizontal organization structure with fewer management
layers and enables shorter organizational response times because empowered employees develop
their own answers and action plans rather than having to go up the organizational ladder and wait
for instructions from above about what to do.
The principal managerial components of the strategy execution process do not include which one
of the following tasks? - CORRECT ANSWER - Selecting which leadership style all
company managers should be encouraged to employ and deciding which capabilities and core
competencies to emphasize in performing execution-critical value chain activities.
Which of the following statements about maximizing the competitive power of capabilities and
competencies by dynamically managing a company's resource pool is false? - CORRECT
ANSWER - Most companies keep their portfolio of competencies and capabilities fresh
and dynamic by acquiring another company with attractive and recently remodeled resources and
capabilities.
The disadvantages of a centralized organizational structure include - CORRECT
ANSWER - longer response times by those closest to the situation because they must go
up the chain of command and allow higher-level managers to decide (or at least approve) what
actions to take.
or
discouraging lower-level managers and rank-and-file employees from exercising any initiative or
taking any responsibility; rather, they are expected to wait to be told what to do.
Which of the following statements regarding the importance of making strategy-critical value
chain activities the main building blocks of the organization structure is false? - CORRECT
, MGRADES
ANSWER - It is generally agreed that the best organizational structure for a company
depends on which one of the five generic competitive strategies the company has opted to
pursue.
Management's handling of the process of implementing and executing a company's strategy can
be considered successful - CORRECT ANSWER - if a company is meeting or beating its
performance targets and has attained real proficiency in performing strategy-critical value chain
activities.
Making provisions for coordination of internal organizational units is an important part of
organizing the work effort because - CORRECT ANSWER - close cross-unit collaboration
is usually needed to build core competencies and competitive capabilities--examples include
such strategically important activities as speeding new products to market and providing superior
customer service that involve the efforts of company personnel in different departments and
organizational units.
According to Figure 10.2, which one of the following is not part of building an organization
capable of good strategy execution? - CORRECT ANSWER - Deciding which value chain
activities to perform internally and which ones to outsource.
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.) - CORRECT ANSWER - Deciding how to organize
the performance of value chain activities in ways that produce greater product differentiation
versus the products rivals.
A decentralized organizational structure is partly predicated on a belief that - CORRECT
ANSWER - decision-making authority should be put in the hands of the people closest to,
and most familiar with, the situation and that all people who are given decision-making authority
judgement and held accountable for their actions.
Outsourcing the performance of certain value chain activities can lead to such strategy-executing
advantages as - CORRECT ANSWER - heightened strategic focus, lower costs, less
internal bureaucracy, a better arsenal of competencies and capabilities, and speedier decision-
making.
MBA - Strategic Management - Quiz #10
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Delegating greater authority to subordinate managers and employees - CORRECT
ANSWER - creates a more horizontal organization structure with fewer management
layers and enables shorter organizational response times because empowered employees develop
their own answers and action plans rather than having to go up the organizational ladder and wait
for instructions from above about what to do.
The principal managerial components of the strategy execution process do not include which one
of the following tasks? - CORRECT ANSWER - Selecting which leadership style all
company managers should be encouraged to employ and deciding which capabilities and core
competencies to emphasize in performing execution-critical value chain activities.
Which of the following statements about maximizing the competitive power of capabilities and
competencies by dynamically managing a company's resource pool is false? - CORRECT
ANSWER - Most companies keep their portfolio of competencies and capabilities fresh
and dynamic by acquiring another company with attractive and recently remodeled resources and
capabilities.
The disadvantages of a centralized organizational structure include - CORRECT
ANSWER - longer response times by those closest to the situation because they must go
up the chain of command and allow higher-level managers to decide (or at least approve) what
actions to take.
or
discouraging lower-level managers and rank-and-file employees from exercising any initiative or
taking any responsibility; rather, they are expected to wait to be told what to do.
Which of the following statements regarding the importance of making strategy-critical value
chain activities the main building blocks of the organization structure is false? - CORRECT
, MGRADES
ANSWER - It is generally agreed that the best organizational structure for a company
depends on which one of the five generic competitive strategies the company has opted to
pursue.
Management's handling of the process of implementing and executing a company's strategy can
be considered successful - CORRECT ANSWER - if a company is meeting or beating its
performance targets and has attained real proficiency in performing strategy-critical value chain
activities.
Making provisions for coordination of internal organizational units is an important part of
organizing the work effort because - CORRECT ANSWER - close cross-unit collaboration
is usually needed to build core competencies and competitive capabilities--examples include
such strategically important activities as speeding new products to market and providing superior
customer service that involve the efforts of company personnel in different departments and
organizational units.
According to Figure 10.2, which one of the following is not part of building an organization
capable of good strategy execution? - CORRECT ANSWER - Deciding which value chain
activities to perform internally and which ones to outsource.
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.) - CORRECT ANSWER - Deciding how to organize
the performance of value chain activities in ways that produce greater product differentiation
versus the products rivals.
A decentralized organizational structure is partly predicated on a belief that - CORRECT
ANSWER - decision-making authority should be put in the hands of the people closest to,
and most familiar with, the situation and that all people who are given decision-making authority
judgement and held accountable for their actions.
Outsourcing the performance of certain value chain activities can lead to such strategy-executing
advantages as - CORRECT ANSWER - heightened strategic focus, lower costs, less
internal bureaucracy, a better arsenal of competencies and capabilities, and speedier decision-
making.
