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SEVI 3013 EXAM 3 QUESTIONS AND REVISED CORRECT ANSWERS | GUARANTEE PASS!!

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SEVI 3013 EXAM 3 QUESTIONS AND REVISED CORRECT ANSWERS | GUARANTEE PASS!!

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Strategic change


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change resulting from selecting and implementing a firm's strategies




strategic business unit (SBU) form is an M-form consisting of 3 levels

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1. Corporate headquarters
2. Strategic business units (SBU's)
3. SBU divisions




what is one of the most effective strategic leadership styles?


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Transformational leadership




functional organizational structure


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consists of a chief executive officer and a limited corporate staff, with
functional line managers in dominant organizational areas such as
production, accounting, marketing, R & D, engineering, and human
resources.




how is corporate governance used to monitor and control managers' decisions?


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, it includes oversight in areas where there are conflicts of interest among
major stakeholders, including the election of directors, supervision of CEO
pay, and the organization's overall structure and strategic direction.




how firms internally develop innovations


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by using an entrepreneurial mind-set to identify opportunities




_________ __________ __________ ensure that the interests of all stakeholders are served


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Effective governance mechanisms




three international strategies


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Multidomestic Strategy Global Strategy
Transnational Strategy




A firm's efforts to innovate through acquiring another company are more successful
when:

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