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Question
Successful organizations are effective in motivating people. Employees work best when:
A. they are asked to do their best
B. work requirements are vague and unclear
C. they are striving toward specific goals
D. they are guided by an abstract mission statement
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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B. financial strategic objective
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In contrast to the vision of an organization, its mission should:
A. be shorter in length
B. encompass both the purpose of the company as well as the basis of competition
C. encompass all the major rules and regulations of the corporate work force
D. be less detailed.
Q:
Examples of __________ include: To be the happiest place on earth (Disneyland), and Restoring patients to full life (Medtronic).
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Q:
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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Q:
Strategy formulation and implementation is a challenging ongoing process. To be effective, it should not involve:
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B. functional areas work together to attain overall goals
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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
Q:
__________ involves ensuring proper strategic controls and organizational designs.
A. Corporate governance
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. Hire people that identify with the dominant values of the organization.
B. Develop managerial role models.
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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.