Question 1

Double-loop learning in the contemporary approach to strategic control means that the organizational assumptions,premises,goals and strategies are occasionally monitored,tested,and reviewed.

Accepted Answer

A) True 
 B)False

Question 2

Shareholders rely on CEOs to adopt policies and strategies that maximize the value of their shares.To motivate CEOs to maximize the value of their companies,boards of directors can consider all the following options except one.Which one is it?

Accepted Answer

A)  Boards can require that the CEOs become substantial owners of company stock.
B)  Salaries,bonuses,and stock options can be structures to provide rewards for superior performance.
C)  Salaries can be structured to provide penalties for poor performance.
D)  Dismissal for poor performance is not an option.E) A) and B)
F) A) and C)

Question 3

Which of the following statements about action plans is true?

Accepted Answer

A)  Action plans should permit a degree of autonomy to managers and not be constrained by budgets.
B)  Action plans must be specific so that managers have a clear understanding of the resource requirements necessary to implement the plan.
C)  Action plans should not be constrained by a time frame in order to allow for modification.
D)  Action plans should hold employees accountable for the implementation.E) B) and D)
F) A) and B)

Question 4

In contemporary control systems,data and information generated are best interpreted and discussed in online forums,in order to have traceability of the discussion.

Accepted Answer

A) True 
 B)False

Question 5

Once a strong and healthy organizational culture has been established,it becomes self-sustaining.

Accepted Answer

A) True 
 B)False

Question 6

In emerging economies and continental Europe,firms often can be characterized by all the following except

Accepted Answer

A)  concentrated ownership.
B)  low family ownership and control.
C)  business group structures.
D)  weak legal protection for minority shareholders.E) C) and D)
F) B) and D)

Question 7

When subcultures emerge that have shared values opposite from the dominant culture of an organization

Accepted Answer

A)  organizational cohesiveness increases.
B)  information is shared rather than hoarded.
C)  individuals begin working at cross purposes.
D)  individuals gain insights into overarching goals and objectives.E) B) and C)
F) C) and D)

Question 8

What is agency theory and what problems is it concerned with resolving?

Accepted Answer

Agency theory is a theory of the relatio...

Question 9

Most organizations with strong cultures and a sound system of rewards and incentives can eventually internalize boundaries rather than use explicit rules and regulations.Which of the following is not a technique for moving in that direction?

Accepted Answer

A)  Hire people who identify with the dominant values of the organization.
B)  Develop managerial role models.
C)  Minimize training and indoctrination.
D)  Align reward systems with organizational goals and objectives.E) A) and C)
F) B) and C)

Question 10

In the contemporary approach to strategic control,adapting to and anticipating both internal and external environmental change is an integral part.The relationships between ________,________,and ________ are highly interactive.

Accepted Answer

A)  change;leadership;control
B)  strategy formulation;leadership;control
C)  strategy formulation;implementation;control
D)  strategic information;organizational behavior;implementationE) All of the above
F) None of the above

Question 11

As firms simultaneously downsize and face the need for increased coordination across organizational boundaries,a control system based primarily on ________ is dysfunctional.

Accepted Answer

A)  boundaries and constraints
B)  culture and rewards
C)  organizational loyalty
D)  innovation and risk takingE) A) and B)
F) None of the above

Exam 9: Strategic Control and Corporate Governance

Most organizations with strong cultures and a sound system of rewards and incentives can eventually internalize boundaries rather than use explicit rules and regulations.Which of the following is not a technique for moving in that direction?

Correct Answer
verified

In contemporary control systems,data and information generated are best interpreted and discussed in online forums,in order to have traceability of the discussion.

Correct Answer
verified

In the contemporary approach to strategic control,adapting to and anticipating both internal and external environmental change is an integral part.The relationships between ,,and are highly interactive.

Correct Answer
verified

Shareholders rely on CEOs to adopt policies and strategies that maximize the value of their shares.To motivate CEOs to maximize the value of their companies,boards of directors can consider all the following options except one.Which one is it?

Correct Answer
verified

Double-loop learning in the contemporary approach to strategic control means that the organizational assumptions,premises,goals and strategies are occasionally monitored,tested,and reviewed.

Correct Answer
verified

As firms simultaneously downsize and face the need for increased coordination across organizational boundaries,a control system based primarily on ________ is dysfunctional.

Correct Answer
verified

Once a strong and healthy organizational culture has been established,it becomes self-sustaining.

Correct Answer
verified

When subcultures emerge that have shared values opposite from the dominant culture of an organization

Correct Answer
verified

Which of the following statements about action plans is true?

Correct Answer
verified

What is agency theory and what problems is it concerned with resolving?

Correct Answer
verified
Agency theory is a theory of the relatio...
View Answer

In emerging economies and continental Europe,firms often can be characterized by all the following except

Correct Answer
verified

Exam 9: Strategic Control and Corporate Governance

Most organizations with strong cultures and a sound system of rewards and incentives can eventually internalize boundaries rather than use explicit rules and regulations.Which of the following is not a technique for moving in that direction?

Correct AnswerverifiedShow Answer

In contemporary control systems,data and information generated are best interpreted and discussed in online forums,in order to have traceability of the discussion.

Correct AnswerverifiedShow Answer

In the contemporary approach to strategic control,adapting to and anticipating both internal and external environmental change is an integral part.The relationships between ________,________,and ________ are highly interactive.

Correct AnswerverifiedShow Answer

Shareholders rely on CEOs to adopt policies and strategies that maximize the value of their shares.To motivate CEOs to maximize the value of their companies,boards of directors can consider all the following options except one.Which one is it?

Correct AnswerverifiedShow Answer

Double-loop learning in the contemporary approach to strategic control means that the organizational assumptions,premises,goals and strategies are occasionally monitored,tested,and reviewed.

Correct AnswerverifiedShow Answer

As firms simultaneously downsize and face the need for increased coordination across organizational boundaries,a control system based primarily on ________ is dysfunctional.

Correct AnswerverifiedShow Answer

Once a strong and healthy organizational culture has been established,it becomes self-sustaining.

Correct AnswerverifiedShow Answer

When subcultures emerge that have shared values opposite from the dominant culture of an organization

Correct AnswerverifiedShow Answer

Which of the following statements about action plans is true?

Correct AnswerverifiedShow Answer

What is agency theory and what problems is it concerned with resolving?

Correct AnswerverifiedAgency theory is a theory of the relatio...View AnswerShow Answer

In emerging economies and continental Europe,firms often can be characterized by all the following except

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

In the contemporary approach to strategic control,adapting to and anticipating both internal and external environmental change is an integral part.The relationships between ,,and are highly interactive.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Agency theory is a theory of the relatio...
View Answer

Correct Answer
verified