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FREE AND STUDY GAMES ABOUT MAN4900F EXAM
QUESTIONS
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -11 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation Question 1: In devising an action agenda to implement and execute a new or different strategy, the place for managers to start is with
Answer:
a probing assessment of what the organization must do differently and better to carry out the strategy successfully.Question 2: Good strategy execution requires:
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a team effort with all managers having strategy executing responsibility in their area of authority, and making all employees active participants in the strategy execution process.
Question 3: The overriding aim in building a management team should be to
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assemble a critical mass of talented managers who can function as agents of change, work well together as a team, and produce organizational results that are dramatically better than what one or two star managers acting individually can achieve.
Question 4: The capability-building process
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requires first developing the ability to do something, however imperfectly or inefficiently; second, translating this ability into a competence by learning to do the activity consistently well and at an acceptable cost; and then continuing to polish and r Question 5: Ultimate responsibility for seeing that strategy is executed successfully primarily falls upon the shoulders of
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a company's chief executive officer, its chief operating officer, and the heads of major units (business divisions, functional departments, and key operating units).
Question 6: Good strategy execution requires which of the following?
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Putting those resources and capabilities into place, strengthening them as needed, and then modifying them as market conditions evolve.Question 7: a probing assessment of what the organization must do differently and better to carry out the strategy successfully.
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poor execution of the strategy.Question 8: What makes the managerial task of executing strategy so challenging and demanding is
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the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.
Question 9: The two best signs of good strategy execution are
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whether the company is meeting or beating its performance targets and whether they are performing value chain activities in a manner that is conducive to company wide operating excellence
Question 10: Core competencies and competitive capabilities
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re usually bundles of skills and know-how that most often grow out of the combined efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
Question 11: The most important leadership trait in the strategy execution process is
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strong communication skills (both written and verbal) covering motivating intent