Strategic Evaluation and Organizational Structure
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Questions and Answers

What is the primary goal of strategy evaluation in an organization?

  • To assure that the strategic choice is properly implemented and meets the objectives of the organization (correct)
  • To allocate resources wisely
  • To develop business strategy on a global basis
  • To monitor ongoing activities of the organization
  • What is strategic control?

  • The process of evaluating the strategic choice
  • The process of monitoring activities and taking corrective action (correct)
  • The process of developing global business strategy
  • The process of allocating resources
  • Why is strategic evaluation necessary?

  • To monitor external events in the environment
  • To ensure the strategic choice is meeting the objectives of the organization (correct)
  • To develop a global business strategy
  • To allocate resources more efficiently
  • What is the benefit of strategic control?

    <p>To improve performance and take corrective action</p> Signup and view all the answers

    What does strategy evaluation help to find out?

    <p>All of the above</p> Signup and view all the answers

    What is the purpose of strategic evaluation and control systems?

    <p>To help managers take corrective action and get back on track</p> Signup and view all the answers

    Why is it important to develop business strategy on a global basis?

    <p>Because events in one part of a company's overseas operations can reverberate throughout the entire organization</p> Signup and view all the answers

    What is the primary benefit of strategic control systems?

    <p>To improve performance and take corrective action</p> Signup and view all the answers

    What is an organization's strategy primarily concerned with?

    <p>A plan to reach specific goals and maintain relationships with clients and vendors</p> Signup and view all the answers

    What is the primary purpose of an organization's structure?

    <p>To create a strong foundation for long-term productivity</p> Signup and view all the answers

    What is task overlap in an organization?

    <p>When two or more employees perform the same task in different departments</p> Signup and view all the answers

    What is the relationship between an organization's strategy and structure?

    <p>Structure is dependent on strategy</p> Signup and view all the answers

    What is the result of not having a good strategy in place?

    <p>The organization will end up in the same place or worse</p> Signup and view all the answers

    What does the company use the results for?

    <p>To determine its areas of concentration and positioning</p> Signup and view all the answers

    What happens when the organization's strategy changes?

    <p>The structure must be changed to support the new strategy</p> Signup and view all the answers

    Why is it important to highlight the relationship between strategy and structure?

    <p>Because they are often viewed as separate, but are dependent on each other</p> Signup and view all the answers

    What is the primary goal of revising an organization's structure?

    <p>To improve efficiency and promote teamwork</p> Signup and view all the answers

    What is the relationship between organizational structure and strategy?

    <p>They are totally integrated and interdependent</p> Signup and view all the answers

    What is the outcome of task overlap in an organization?

    <p>Confusion, inefficiencies, and lack of accountability</p> Signup and view all the answers

    What is included in the definition of organizational structure?

    <p>All the people, positions, procedures, processes, culture, technology, and related elements</p> Signup and view all the answers

    What is the outcome when an organization changes its strategy but not its structure?

    <p>The structure acts like a bungee cord and pulls the organization back to its old strategy</p> Signup and view all the answers

    What is necessary for the organization's direction to be sustainable over time?

    <p>Daily way of working integrated to support strategy</p> Signup and view all the answers

    What should be done when making major changes to an organization?

    <p>Think out every aspect of the structure required to support the strategy</p> Signup and view all the answers

    What is the outcome when an organization's structure is aligned with its strategy?

    <p>The organization achieves its mission and goals</p> Signup and view all the answers

    Study Notes

    Understanding Organizational Strategy and Structure

    • An organization's strategy is a plan of action to reach specific goals and maintain good relationships with clients and vendors.
    • Organizational structure is the way the organization's pieces fit together internally, ensuring a collaborative workforce to achieve a common goal.

    Importance of Aligning Strategy and Structure

    • Structure and strategy are dependent on each other, as organizational strategy helps define and build the organizational structure.
    • A clear strategy helps the organization allocate responsibilities, create branches, and decide on individual or group participation to achieve its goals.

    Organizational Structure Components

    • Structure includes people, positions, procedures, processes, culture, technology, and related elements that comprise the organization.
    • It defines how all the pieces, parts, and processes work together to achieve the organization's mission and goals.

    Strategic Evaluation

    • Strategic evaluation is the last phase of the strategic management process, ensuring the strategic choice is properly implemented and meets the organization's objectives.
    • It helps managers find out if strategy implementers are making decisions consistent with organizational policies, allocating resources, and meeting long-term and short-term goals.

    Strategic Control

    • Strategic control is the process of monitoring ongoing activities to evaluate efficiency and effectiveness, taking corrective action to improve performance if necessary.

    Types of Strategic Control

    • Premise control: (no additional context provided)
    • Strategic surveillance: (no additional context provided)
    • Special alert control: (no additional context provided)
    • Implementation control: (no additional context provided)

    Global Issues in Strategic Management

    • Developing business strategy on a global basis is crucial due to growing worldwide communications.
    • Events in one part of a company's overseas operations can have a ripple effect throughout the entire organization.

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    Description

    This quiz covers the importance of strategic evaluation and organizational structure in achieving business goals and maintaining good relationships with clients and vendors.

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