Reference no: EM13784408

Question 1.Which of the following is not effective in a reward and incentive program? 

•   Tying executive bonuses to achieving companywide objectives   
•   Bonuses that are part of an executive's contract when hired   
•   Giving managers bonuses for achieving operational objectives   
•   Profit-sharing bonuses for team performance that meets objectives   
•   Increased autonomy and more challenging assignments for jobs well done   

Question 2.Setting objectives before deciding on a strategy provides more options and direction.

•   True
• False   

Question 3.Policies are a useful guide to formulating strategies. 

•   True
• False   

Question 4.Which is not a source of funds for a company to finance a bundle? 

•   Cash on hand and from operations   
•   Selling stock if a public company or getting an equity investment   
•   Retained earnings   
•   Adding new long-term debt   
•   Selling fixed assets   

Question 5.Which of the following is a criterion for creating bundles? 

•   They must not include different strategies   
•   They must be feasible   
•   They must invest in other industries   
•   They must diversify through acquisition   
•   None of the above   

Question 6.The best criteria to use for evaluating strategic alternatives are those that the company perceives as contributing to "success." 

•   True
• False   

Question 7.Which of the following is an example of a partial objective?

•   Increase throughput by 5%/yr   
•   Increase revenues by 10%/yr   
•   Increase NIAT by 15%/yr   
•   Increase international sales by 10%/yr   
•   Hire 150 more salesmen next year   

Question 8.Emergent strategies affect all planned strategies.

•   True
• False   

Question 9.An adaptive culture is high on which trait?

•   Open communications   
•   Learning   
•   Teamwork   
•   Individual initiative   
•   All of the above   

Question 10.GANTT charts and PERT (critical path) software achieve the same purpose. 

•   True
• False