CAPSTONE FINAL EXAM
Inpoaposurveypoofpo50pocorporations,powhichpoofpothepofollowingpowasporatedpohighlypoaspo
apobenefitpoofpostrategicpomanagement?po-poans--
Clearerposensepoofpostrategicpovisionpoforpothepofirm
Strategicpodecisions,posuchpoaspothepoonespomadepobypothepoGenentechpoCEOpoinposetti
ngpoaponewpodirectionpoforpohispocompany,poarepocharacterizedpobypobeing:po-poans--
Rare,poconsequentialpoandpodirective
Businesspostrategypocanpobepobestpodescribedpoas:po-poans--
Apomasterpoplanpoforpoachievingpobusinesspoobjectivespoandpogoals.
Thepoessencepoofpostrategypoformulationpoincludes:po-poans--
Mission,poobjectives,postrategiespoandpopolicies
Thepobasicpoelementspoofpothepostrategicpomanagementpomodelpoinclude:po-poans--
Environmentalposcanning,poStrategypoformulation,poStrategypoImplementationpoandpoEval
uationpoandpoControl
InpothepoWellspoFargoposalesposcandalpodiscussedpoinpoclasspothepokeypoissueporevolvedp
oaroundpo-poans--
Ethicalpolapsespothatpoencouragedpoaggressiveposalespotacticspoandpoexcessivepofees
InpothepoJCpoPennypoexamplepowhatpowaspomainpoissuepothatpoleadpotopothepoCEO,poRon
poJohnson,pobeingpofiredpobypothepoboardpoafterpoonlypo18pomonthspoonpothepojob.po-
poans--Companypoperformancepodidponotpomeetpoboardpoexpectations
ThepogreatestpoconcernpoinpohavingpoapodualpopositionpoofpoChairmanpoofpothepoBoardpo&
poCEOpoispo-poans--
Potentialpoforpoconflictpoofpointerestpoandpoconcentrationpoofpopowerpoinpoaposinglepoindivi
dual
Apocommonlypocitedporeasonpowhypoexecutivespo'bend'potheporulespoispo-poans--
Organizationalpopressures
Whichpoofpothepofollowingpoispoanpoimportantpotrendpoinpocorporatepogovernance?po-
poans--
ThepoBoardpotakingpoapomorepoactiveporolepoinposhapingpothepocompany'spostrategicpodire
ction
, Societypogenerallypoexpectspofirmspotopoworkpowithpoemployeespotopoplanpoforpolayoffs.po
ThispoispoanpoexamplepoofpowhichpoofpoCarroll'sporesponsibilities?po-poans--Ethical
Businesspoethicspoispodefinedpoaspo-poans--
Acceptedpostandardspoofpobehaviorpoforpoanpooccupation,potradepoorpoprofession
Thepoconceptpothatpoproposespocorporationspohaveporesponsibilitiespotoposocietypothatpoe
xtendpobeyondpomakingpoapoprofitpoispoknownpoaspo-poans--
Corporateposocialporesponsibility.
Anpoimportantpobenefitpocitedpobypocompaniespopracticingpogoodpocorporateposocialpores
ponsibilitypois:po-poans--
Improvespobrandpoimagepoandpohelpspoinpoattractingpooutstandingpoemployees
Corporatepogovernanceporeferspotopotheporelationship,pobetweenpo-----,po--------
poandpo--------
poinpodeterminingpothepodirectionpoandpoperformancepoofpothepocorporation.po-poans--
Boardpoofpodirectors,poshareholderspoandpotoppomanagement
Whenpodemandposlows,poitspoaffectpoonpothepointensitypoofpocompetitionpoispotopo-poans--
Increase
Thepoarticle,po"PerilspoofpoBadpoStrategy'posuggestedpothatpobadpostrategypowaspoaporesul
tpoofpo-poans--Ignoringpothepopowerpoofpochoicepoandpofocuspo...
ThepodownfallpoofpoBlockbusterpowaspolargelypoattributedpotopo-poans--
Failurepotopograsppothepoimplicationspoofpoaporapidlypochangingpobusinesspoenvironment
WhenpoapoGulfpoCoastposugarpocompanyposayspoitpoispoworriedpothatpoconsumerspomight
pobuypoartificialposweetenerpoinsteadpoofponaturalposugar,poitpoispoconcernedpoabout:po-
poans--Threatpoofpoaposubstitutepoproduct.
Anticipatingpothatpothepopricepoofpooilpowillporisepoabovepo$120/
barrelponextpoyear,posuggests:po-poans--Potentialponaturalporesourcepoissues
Caterpillar'spobusinesspoofporemanufacturingpodieselpoenginespoispoanpoexamplepoof:po-
poans--
Howpoareaspoofpogreatposkillpoandpocapabilitypocanpogrowpointopoanpoimportantpopartpoofpo
thepobusiness
FedEx'spoinnovativepousepoofpoinformationpotechnologypotopoimprovepodeliveryporoutespoi
spoanpoexamplepoofpo-poans--
Developingpoaponewpocorepocompetencypothatpoalsopoimprovedpotheirpocompetitiveness
Inpoaposurveypoofpo50pocorporations,powhichpoofpothepofollowingpowasporatedpohighlypoaspo
apobenefitpoofpostrategicpomanagement?po-poans--
Clearerposensepoofpostrategicpovisionpoforpothepofirm
Strategicpodecisions,posuchpoaspothepoonespomadepobypothepoGenentechpoCEOpoinposetti
ngpoaponewpodirectionpoforpohispocompany,poarepocharacterizedpobypobeing:po-poans--
Rare,poconsequentialpoandpodirective
Businesspostrategypocanpobepobestpodescribedpoas:po-poans--
Apomasterpoplanpoforpoachievingpobusinesspoobjectivespoandpogoals.
Thepoessencepoofpostrategypoformulationpoincludes:po-poans--
Mission,poobjectives,postrategiespoandpopolicies
Thepobasicpoelementspoofpothepostrategicpomanagementpomodelpoinclude:po-poans--
Environmentalposcanning,poStrategypoformulation,poStrategypoImplementationpoandpoEval
uationpoandpoControl
InpothepoWellspoFargoposalesposcandalpodiscussedpoinpoclasspothepokeypoissueporevolvedp
oaroundpo-poans--
Ethicalpolapsespothatpoencouragedpoaggressiveposalespotacticspoandpoexcessivepofees
InpothepoJCpoPennypoexamplepowhatpowaspomainpoissuepothatpoleadpotopothepoCEO,poRon
poJohnson,pobeingpofiredpobypothepoboardpoafterpoonlypo18pomonthspoonpothepojob.po-
poans--Companypoperformancepodidponotpomeetpoboardpoexpectations
ThepogreatestpoconcernpoinpohavingpoapodualpopositionpoofpoChairmanpoofpothepoBoardpo&
poCEOpoispo-poans--
Potentialpoforpoconflictpoofpointerestpoandpoconcentrationpoofpopowerpoinpoaposinglepoindivi
dual
Apocommonlypocitedporeasonpowhypoexecutivespo'bend'potheporulespoispo-poans--
Organizationalpopressures
Whichpoofpothepofollowingpoispoanpoimportantpotrendpoinpocorporatepogovernance?po-
poans--
ThepoBoardpotakingpoapomorepoactiveporolepoinposhapingpothepocompany'spostrategicpodire
ction
, Societypogenerallypoexpectspofirmspotopoworkpowithpoemployeespotopoplanpoforpolayoffs.po
ThispoispoanpoexamplepoofpowhichpoofpoCarroll'sporesponsibilities?po-poans--Ethical
Businesspoethicspoispodefinedpoaspo-poans--
Acceptedpostandardspoofpobehaviorpoforpoanpooccupation,potradepoorpoprofession
Thepoconceptpothatpoproposespocorporationspohaveporesponsibilitiespotoposocietypothatpoe
xtendpobeyondpomakingpoapoprofitpoispoknownpoaspo-poans--
Corporateposocialporesponsibility.
Anpoimportantpobenefitpocitedpobypocompaniespopracticingpogoodpocorporateposocialpores
ponsibilitypois:po-poans--
Improvespobrandpoimagepoandpohelpspoinpoattractingpooutstandingpoemployees
Corporatepogovernanceporeferspotopotheporelationship,pobetweenpo-----,po--------
poandpo--------
poinpodeterminingpothepodirectionpoandpoperformancepoofpothepocorporation.po-poans--
Boardpoofpodirectors,poshareholderspoandpotoppomanagement
Whenpodemandposlows,poitspoaffectpoonpothepointensitypoofpocompetitionpoispotopo-poans--
Increase
Thepoarticle,po"PerilspoofpoBadpoStrategy'posuggestedpothatpobadpostrategypowaspoaporesul
tpoofpo-poans--Ignoringpothepopowerpoofpochoicepoandpofocuspo...
ThepodownfallpoofpoBlockbusterpowaspolargelypoattributedpotopo-poans--
Failurepotopograsppothepoimplicationspoofpoaporapidlypochangingpobusinesspoenvironment
WhenpoapoGulfpoCoastposugarpocompanyposayspoitpoispoworriedpothatpoconsumerspomight
pobuypoartificialposweetenerpoinsteadpoofponaturalposugar,poitpoispoconcernedpoabout:po-
poans--Threatpoofpoaposubstitutepoproduct.
Anticipatingpothatpothepopricepoofpooilpowillporisepoabovepo$120/
barrelponextpoyear,posuggests:po-poans--Potentialponaturalporesourcepoissues
Caterpillar'spobusinesspoofporemanufacturingpodieselpoenginespoispoanpoexamplepoof:po-
poans--
Howpoareaspoofpogreatposkillpoandpocapabilitypocanpogrowpointopoanpoimportantpopartpoofpo
thepobusiness
FedEx'spoinnovativepousepoofpoinformationpotechnologypotopoimprovepodeliveryporoutespoi
spoanpoexamplepoofpo-poans--
Developingpoaponewpocorepocompetencypothatpoalsopoimprovedpotheirpocompetitiveness