True/false Q1,2,3 True/false Q1,2,3 An action plan is not complete if t fails to

Question

True/false Q1,2,3 True/false Q1,2,3 An action plan is not complete if t fails to recognize the resources a unit needs to implement its share of the strategy By "resources" we are referring to financial resources; money is the really important and critical factor in successful implementation, strategy implementation must be adequately funded to be successfut, and when adequately funded, most other types of resources tend to fallin place by themselves Select one: O True O False Strategic plans for the overal organization usualy cover a multiyear period, typicaly 3-5 years or more. However, in the process of strategy implementation, uni-level goals and action plans should be limited to one year, so that managers can focus effectively on execution and reach their annual budget targets Select one True False Coveys Habt 6 is to Synergize" the actions and interactions between people in relationships, such as the relationships of employees in an organization, and this habe is to follow "principles of creative cooperation. As these principles work themselves out in the different levels of communications, Covey perceives a cause and effect relationship between levels of trust and levels of cooperation. For example, low levels of trust, and the corresponding low levels of cooperation, resut n communication habits characterized by defensive communications Select one: True O False

Explanation / Answer

Q.1 Answer- False

Explanation- The term ‘resources’ refers to many factors such as people, technology, money, office space, strategic partners, etc. Financial resources alone are not sufficient in considering an action plan. Money is important however there are other factors to be considered to effectively implement the action plan. Managers should determine their resource needs before the action plan. The resource should not be under estimated or over estimated. The realistic needs of the team need to be first assessed for the action plan.

Q2. Answer- True

Explanation- In the organization level, strategic plans usually cover a multiyear period of 2-5 years. These are long-term objectives of the company. In order to achieve the long-term objectives, the departments and units develop short-term objectives which are one year or less. These short-term objectives provide guidance to the day-to-day functioning of the departments or units. The short-term objectives align with the long-term objectives and thus help the organization to achieve the organizational goals in the long-run.

Q3. Answer- True

Explanation - Covey’s habit 6 is Synergize which means that a whole is much better than the sum of the parts. Thus team works is greater than individual decision making. This habit applies the principles of creative cooperation. This habit refers to creative cooperation, team work, open-mindedness and finding solutions to old problems. However, the limitation of this habit is the cause and effect relationship of trust and cooperation. A low level of trust among the team members results in corresponding low levels of cooperation among the team members which does not result in creative solutions. Instead it results in defensive communications characterized by defensiveness and protectiveness.

   

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.