Strategy Formulation and Implementation
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Strategy Formulation and Implementation

Created by
@PleasingHeptagon

Questions and Answers

Not allocating resources according to the priorities indicated by approved objectives is detrimental to the strategic-management process.

True

Conflict of any kind is avoidable in organizations.

False

A divisional structure groups tasks and activities by business function.

False

With a divisional structure, it is possible that competition between divisions may become so intense that it leads to the improved sharing of ideas and resources for the common good of the firm.

<p>False</p> Signup and view all the answers

In a matrix structure, functional resources are not duplicated.

<p>False</p> Signup and view all the answers

Restructuring is also called rightsizing.

<p>True</p> Signup and view all the answers

Effective strategy formulation can guarantee successful strategy implementation.

<p>False</p> Signup and view all the answers

Strategy formulation and implementation require the same level of coordination among individuals.

<p>False</p> Signup and view all the answers

It is always easier to implement a strategy than to formulate it.

<p>False</p> Signup and view all the answers

Annual objectives are not important in the strategic-management process.

<p>False</p> Signup and view all the answers

Horizontal consistency is more important than vertical consistency in developing annual objectives.

<p>False</p> Signup and view all the answers

Policies are not necessary to support and encourage work toward stated goals.

<p>False</p> Signup and view all the answers

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