Blend of proactive and reactive strategy elements

Assignment Help Operation Management
Reference no: EM13786274

Which of the following statements about a company's strategy is false?

A company's strategy is deliberately kept under wraps by top-level managers so as to catch rival companies by surprise and keep them off-balance.

A portion of a company's strategy is always developed on the fly because of the ongoing need to react and adapt to unanticipated events and changing circumstances.

A company's strategy typically evolves over time, partly because of the periodic need to abandon strategy elements that have grown stale or become ineffective.

The task of crafting strategy is a work in progress, not a one-time event.

A company's strategy is typically a blend of proactive and reactive strategy elements.

Reference no: EM13786274

Questions Cloud

Quantity of each required to make one unit of a product : Which of the following typically shows the components, their descriptions, and the quantity of each required to make one unit of a product?
Role that you believe the corrections system has played : Determine the role that you believe the corrections system has played in determining if addiction is an illness, disorder, or disease. Provide a rationale to support your response
Factors that influence the formation of personality : Use Maslow's hierarchy of needs to discuss the extent to which growth needs influence personality formation.Describe biological factors that influence the formation of personality.
Explain what supply-chain management : Explain what supply-chain management is. What does it include? How has information technology impacted supply-chain management?
Blend of proactive and reactive strategy elements : A company's strategy is deliberately kept under wraps by top-level managers so as to catch rival companies by surprise and keep them off-balance. A portion of a company's strategy is always developed on the fly because of the ongoing need to react an..
Alignment with language and literacy standards : Describe the lesson procedure. This should be detailed so that another teacher could use this to implement the lesson.
Suppose that the lifetimes of tires of a certain brand are : Suppose that the lifetimes of tires of a certain brand are normally distributed with a mean of 75,000 miles and a standard deviation of σ miles. These tires come with a 60,000-mile warranty. The manufacturer of the tires can adjust σ during the produ..
Evaluate the two proposed alternatives regarding the insulin : Straight Supply is a major supplier of medical components to large pharmaceutical corporations.  Bonnie Straight is a second generation CEO of the company founded by her father forty years ago.  Originally established in Moorhead, Minnesota, Bonnie m..
What is morally correct course of action for dr roy vagelos : What is the morally correct course of action for Dr. Roy Vagelos of Merck? Why? What should RUN Inc.'s Martin Field do? Why?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd