12. What are the five elements of strategy? a. Planning, Execution, Evaluation,
ID: 125816 • Letter: 1
Question
12. What are the five elements of strategy? a. Planning, Execution, Evaluation, Correction, Humanizing (PEECH) b. Pace, Potential, Performance, Position, Power c. Options, Organization, Offerings, Opportunities, Openings d. Purpose, Potential, Performance, Position, Power 13. What are the three levels of planning? a. preliminary, permanent, future-oriented b. tactical, long term, strategic c. short term, strategic, long term d. immediate, strategic, long term 14. What is a type of management that uses standardization, specialization, and scientific experiments to design jobs for greater efficiency and production? a. process engineering b. scientific management c. organizational development d. management engineering 15. What are favorable events, elements, and situations in the environment that an organization could exploit for its strategic plan? a. potential threats b. opportunities c. environmental constraints d. organizational attributes 16. What are Core fundamental deeply held beliefs and ideals? a. organizational priorities b. ideals c. values d. visionExplanation / Answer
12 – a
A decent strategic idea will speech each of these queries and provide vibrant responses for readers of the plan – be they staffs, business associates, stockholders, or other participants.
13 – b
Tactic may be planned at each level, but the strategies for all level of an association should bring into line to protect supreme unity of effort.
14 – b
Scientific management is a model of administration that examines and creates workflows. Its chief objective is refining financial efficiency, particularly labor output. It was one of the original efforts to relate science to the engineering of procedures and to management.
15 – b
The promising risk–return effects of the international group originate to bounce disadvantage and damage events and to exploit the upside earnings potential of the company.
16 – c
Value statements define activities that are the alive performing of the important core values held by most people within the association.
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