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Question
Important advantages of a holding company structure include _____________.
A. savings in personnel and overhead expenses associated with a small corporate office
B. a high level of awareness at the corporate office of issues facing individual divisions
C. a high level of control of division executives by executives at the corporate level
D. gaining synergistic benefits across businesses
Answer
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Related questions
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Fortune Brands states they will cut corporate overhead costs by $30 million a year. This is an example of a:
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In contrast to the vision of an organization, its mission should:
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C. encompass all the major rules and regulations of the corporate work force
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Examples of __________ include: To be the happiest place on earth (Disneyland), and Restoring patients to full life (Medtronic).
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The hierarchy of organizational goals is in this order (least specific to most specific):
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B. mission statements, strategic objectives, vision statements
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Strategy formulation and implementation is a challenging ongoing process. To be effective, it should not involve:
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A. appointed by the Securities and Exchange Commission
B. elected by the shareholders as their representatives
C. elected by the public
D. only allowed to serve one term of four years
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B. Corporate-level strategy
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Objectives in organizations should be clear, stated, and known by employees throughout the organization.
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A. Goals and objectives that are uncertain prevent opportunism.
B. Traditional strategic controls are usually inappropriate.
C. Complacency about predetermined milestones can prevent adaptability.
D. Detailed plans are needed to maintain order.