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According to David, which THREE of the following are useful areas to include in an organisation's mission statement?
Setting a mission is the first stage of the rational approach to strategy setting. According to David, which THREE of the following are useful areas to include in an organisation's mission statement?A . CustomersB . ShareholdersC . MarketsD . PhilosophyE . SuppliersF . GovernmentView AnswerAnswer: A,C,D
Which of the following is a positive objective of such a system?
Performance appraisal systems are designed to meet a number of objectives. Which of the following is a positive objective of such a system?A . To motivate individuals by providing an opportunity for feedback and an opportunity for a staff member to discuss any issues.B . Managers have a reluctance to...
Which of the following actions is Ben likely to take?
A major innovation has occurred in the automotive industry. Wheels are now available which are guaranteed to not wear for at least five years. Ben runs a chain of garages that sell new and second hand parts for cars, buses, trains and planes. His competitors are slow to react to...
Harvey Maylor defined four stages in the life cycle of a project. This became known as the 4D model
DRAG DROP Harvey Maylor defined four stages in the life cycle of a project. This became known as the 4D model. Match the correct stage to each activity. View AnswerAnswer:
Which of the following best describes the way he introduced the new bonus scheme?
A manager is introducing a new bonus scheme into the business that will affect ail employees. Using Likert's model he follows a benevolent authoritative style of management. Which of the following best describes the way he introduced the new bonus scheme?A . He made the decision to introduce the new...
Which TWO of the options below could be used to undertake Strategic Benchmarking?
After undertaking competitive analysis, a company has assembled the information and is now in a position to benchmark its performance against that of its competitor. A manager has been asked to carry out strategic benchmarking, but he is unsure of what information he should use. Which TWO of the options...
Which of the following options contains the correct matching of label with description?
Mintzberg describes various forms of strategy and labels each form. Which of the following options contains the correct matching of label with description?A . Plan = means of identifying place in the environment/marketB . Perspective = manoeuvre in a competitive business gameC . Pattern = consistent behaviour over timeD ....
"The ability to exert influence and make someone act according to your own preferences" is the definition of which of the following?
"The ability to exert influence and make someone act according to your own preferences" is the definition of which of the following?A . ResponsibilityB . DelegationC . AuthorityD . PowerView AnswerAnswer: D
Which of the following are influential drivers of outsourcing? Select ALL that apply.
Which of the following are influential drivers of outsourcing? Select ALL that apply.A . Cost savingsB . Synchronised deliverablesC . New skill setsD . Rapid growthView AnswerAnswer: A,C,D
With reference to the disciplinary process, which is the best course of action for W to take?
W is the supervisor of the house-keeping team in a large hotel. X, a member of the team, is consistently late to work which means that other team members have to perform extra work. A number of team members have also complained to W about X's aggressive behaviour. Two months...
