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- 38. ______________ is a means to an end of business performance and results, so it should be designed so as to help accomplish business objectives. a. Organization chart b. Organization goal c. Organization system d. Organization structure 39. Which of the following is the style of leadership where subordinates are frequently consulted by the manager on wide ranging problems and are allowed sufficient freedom to communicate with the leader? a. Authoritarian b. Paternalistic c. Democratic d. Laissez-faireStrategic Management is a discipline that requires the continuous interrelationship among variousfunctional managers. As a business strategy Management Trainee you are required to answer thefollowing questions by supporting each response to detailed examples.Required: a. In one of the definitions used by Pearce and Robinson, Strategic management wasdescribed as the “art and science of formulating, implementing and evaluating crossfunctional decisions aimed at achieving organizational goals”; Briefly discuss the contextin which strategic management could be described as ‘an art’ and when it also could bedescribed as ‘a science’. b. Describe the strategy formulation process; clearly explaining three major activities thatare undertaken at this stage? c. Distinguish between business level strategies and corporate level strategies; clearlygiving examples under each. d. Differentiate between strategy and tactics(Strategic Management) a) Mike and Henry both work in the same company, while Mike holds a much higher position in management where he is in charge of formulating strategies and Henry’s work mostly involves implementing. Discuss how their jobs are different. describe briefly. b) Despite playing different roles in the strategic management process both of them are equally responsible for ensuring that the culture of the company is cooperative and everyone is interested in managing and welcoming strategic changes. What can be done to ensure this? describe briefly.
- Discuss non-programmed decisions with reference to Bain and Company. Use arelevant example of a non-programmed decision within the context of Bain andCompany to support your discussion.PLEASE CITE YOUR REFERENCES IN APA FORMAT EVERY AFTER THE NUMBER. THANK YOU! What is strategic management for-profit? Please give examples What is strategic management for non-profit? Please give examples What is strategic management for small businesses? Please give examples Do you believe we can practice Porter's five generic strategies to these MSMEs (micro, small, and medium enterprises)? What are the benefits and drawbacks? Do you believe we can practice strategic management strategies to the majority of MSME (micro, small, and medium enterprises)? If so, which of these strategies is appropriate? What are the reasons for this?Provide a brief definition or explanation of each of the following terms within the context ofbusiness management together with an example. You are required to define each of the terms in yourown words.Please note: You will need to add your own original examples.Q.2.1 Interpersonal skills. Q.2.2 Mission statement. Q.2.3 Job enlargement. Q.2.4 Legitimate power.
- Management Reporting Forum 1: Introduce yourself, identifying your Management Level, your Functional Area and your proposed Company Structure For your FIRST discussion post state your management level, department and company structure you will represent. No two students should choose the same department. For example: Operations Manager, Office Administration, investigating Direct Traders Platforms. Assume that i want to be the Manager - Office Administration (Operations) Forum 2: Discuss your business structure 1. From the perspective of your department and management level, describe your business structure. 1. Suggest TWO contributing factors that may make yours the preferred structure. 2. Request information from TWO other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting (Unit 3 types of output) As a student of Management Information System I, you have been hired as a…Please explain the right answer and also the wrong answers 1. Mission and vision statements are followed by articulation of _____________________, which are a set of corporate priorities and institutional standards of behavior. Select one: A. corporate image B. corporate culture C. corporate values D. employee training 2.The major challenge facing today’s hospitality companies is knowing _______________________________ in the face of a rapidly changing marketplace and environment Select one: A. how to retain good employees B. how to differentiate C. how to build and maintain healthy businesses D. competitorsTRUE OR FALSE ____4. Customers can’t find out which firms are acting responsibly and which are not ____5. During the early twentieth century, working conditions were deplorable by today’s standards ____6. Managers spend most of their time relating to people ____7. Organizational growth spawn’s informality and simplicity ____8. It is naïve and romantic to hope that organizational politics can be eliminated ____9. Political activity is more visible and dominant under conditions of homogeneity than diversity ____10. The primary reason that changes initiatives fail is that manager’s intentions are insincere ____11. Equity financing is important for Japanese corporations ____12. It is possible to outline a model of corporate governance for a given country ____13. Most German corporations have traditionally preferred bank financing over equity financing ____14. The Anglo-US model is characterized by share ownership of individual, and increasingly institutional, investors not affiliated with…
- Good strategy aligned with good strategy execution: Group of answer choices A,.is a more important management function than forming a strategic vision and mission. B. is the clearest indicator of overall good management. C.offers a surefire guarantee for avoiding weak financial performance. D.is the best sign that a company has one true leader.Give a simple Succession plan for the position of a CEO in that organization. Include the rationale, the implementation plan, function of the CEO, and the Communication plan.Which of the following is not a limitation of SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis? Select one :- a. Organizational strengths may not lead to competitive advantage. b. The SWOT focus on the external environment is too broad and integrative. c. SWOT gives a one-shot view of a moving target. d. SWOT overemphasizes a single dimension of strategy.