BUS 1101

The supplies needed for nominal group technique includes all EXCEPT:

A computer

Firms rely on bottom-up innovation processes to communicate a strategy because of all of the following EXCEPT:

Communicating upward means that the support of the people needed to implement the strategy is accomplished

The monitoring step of the mission and vision statements development process is analogous to which step of the principles of management framework?

Controlling

According to the principles of visionary leadership, the essentials for successful revolution include all EXCEPT:

Cultural systems

Creativity and passion can influence the organization's strategy.

False

Mission and vision both relate to an organization's purpose and are typically communicated orally.

False

Organizational design is used to match the form of the organization as closely as possible to the vision of the organization.

False

Organizations that successfully align human resources management with mission and vision accomplishment do so by integrating SHRM into the organizing process.

False

Stakeholder analysis may also enable managers to identify other parties that might support well-formulated strategies.

False

Strategy encourages actions that support the culture of the organization.

False

A stakeholder group composed of the CEO and members of the top management team is considered an important stakeholder group for all of the following reasons EXCEPT:

Its power and influence in the organization

The communication step of the mission and vision statements development process is analogous to which step in the principles of management framework:

Leading

Mission and vision statements are designed to provide a statement of justification for existence to an organization.

false

Customers, employees, and investors are the stakeholders most often emphasized in the mission statements.

true

The four categories of stakeholders of a firm are:

Organizational, capital market, product market and social

The content of the mission and vision statements process is analogous to which step in the principles of management framework:

Organizing

Firms with clearly communicated, widely understood and collectively shared mission and vision have been shown:

Perform better than those without them

Mission and vision development are analogous to which step in the principles of management framework:

Planning

Mission and vision play a prominent role in the planning facet of the P-O-L-C framework.

TRUE

Human resources management alignment means:

To integrate decisions about people with decisions about the results of an organization

Consciously creating an environment where passion is both encouraged and developed starts at the top through the communication of mission and vision.

True

Good vision statements need to create some dissonance with the status quo of an organization.

True

Lateral thinking can generate completely new concepts and ideas, and brilliant improvements to existing systems.

True

The degree to which a stakeholder is affected by a firm's decisions is sometimes correlated with their power and influence over the decision.

True

A useful personal mission and vision statement should include all of the following EXCEPT:

What career you would like to take