1. The fundamental purpose for the existence of any organization isdescribed by itsa. policiesADVERTISEMENTS:b. missionc. proceduresd. strategyAns. b Show
ADVERTISEMENTS:2. The fundamental purpose of an organization’s mission statementis to  3. The acronym SWOT stands for ADVERTISEMENTS:4. Which of the following is not a characteristic of strategicmanagement that makes it different from other types ofmanagement? d. It concerns the present direction of the organization.Ans. d5. Which of the following is an issue considered in developingcorporate strategies?a. What business(es) are we in? ADVERTISEMENTS:b. What direction are we going?c. What resources do we have to implement our strategies?d. What businesses are we in and what to do with those businesses?Ans. c6. Which of the following is NOT a major element of the strategicmanagement process? 7. Competitive advantage can best be described as: ADVERTISEMENTS:b. what sets an organization apart.c. a strength of the organization.d. intangible resources.Ans. a8. ________________ is the foundation of blue ocean strategy. 9. The various organizational routines and processes that determinehow efficiently and effectively the organization transforms its inputsinto outputs are called:a. strengths.ADVERTISEMENTS:b. core competencies.c. capabilities.d. customer value.Ans. b 10. When defining strategic management the most important thingto remember is that it is: ADVERTISEMENTS:b. Mainly the province of senior managersc. A living evolving processd. More conceptual than practicale. A way of determining responsibilitiesAns. c 44. The fundamental purpose for the existence of any organization is described by its:A) policiesB) proceduresC) corporate charterD) mission statementE) bylaws 45. A productivity increase in one operation that doesn’t improve overall productivity of the businessisn’t B) efficientC) politically justifiedD) productiveE) financially justified46. Value added can be calculated by: 47. Which of the following is true? 48. Distinctive competencies in organizations generally relate to:A) priceB) qualityC) timeD) flexibilityE) all of the above 49. Which of the following is not considered to be a cure for poor competitiveness? 50. Time-based approaches of business organizations focus on reducing the time to accomplish certainnecessary activities. Time reductions seldom apply to: 51. The external elements of SWOT analysis are: 52. In an assembly operation at a furniture factory, six employees assembled an average of 450standard dining chairs per 5-day week. What is the labor productivity of this operation?A) 90 chairs/worker/dayB) 20 chairs/worker/dayC) 15 chairs/worker/dayD) 75 chairs/worker/day E) none of the aboveDifficulty: Easy53. Which of the following is not a reason for poor performance of our organization in themarketplace? Which of the following choices show the fundamental purpose of an organization's mission statement?The fundamental purpose of an organization's mission statement is to: define the functional areas required by the organization.
What is the purpose of an organization's mission statement quizlet?A mission statement serves as the basis for organizational goals, which provide more detail and describe the scope of the mission. The mission and goals often relate to how an organization wants to be perceived by the general public, and by its employees, suppliers.
Which of the following are the key steps toward improving productivity?10 Simple Steps to Improve Productivity. Schedule your work. ... . Use your most productive times of the day for the most important activities. ... . Begin now. ... . Say no to those small projects. ... . Take tiny steps. ... . Organize your life on a week-by-week basis. ... . Use an as-you-go system for tasks. ... . Treat all days as special.. What is known as the ratio of good output to quantity of raw material input?Productivity is a measure of the rate at which output of goods and services are produced per unit of input (labour, capital, raw materials, etc.). It is calculated as the ratio of the quantity of output produced to some measure of the quantity of inputs used.
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The fundamental purpose for the existence of any organization is described by its
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