Str Quiz

Organizational culture includes important assumptions shared by members of the organization. These assumptions are often

* unstated

* very similar to all other organizations in that industry

* very obvious to outsiders

* formalized

Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation

* more difficult

* more expensive

* more relevant and acceptable

* more geared toward growth

This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.

* Strategic decision-making

* Strategy evaluation

* Strategic control

* Strategic implementation

The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is

* education and leadership development

* developing principles

* creating passion

* identifying an action plan

These are also referred to as crowdsourcing or open innovation.

* Sustainers

* Golddiggers

* Ideagoras

* Disruptors

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* Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm's advertisements. This demonstrates managers'

* emphasis on key themes or dominant values.

* managing the firm globally.

* dissemination of stories and legends about core values.

* building time into the organization.

This, called kaizen in Japanese, is the process of relentlessly trying to find ways to improve and enhance a company's products and processes from design through assembly, sales, and service.

* Incremental innovation

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