Prescribing new policies and operating procedures can aid the task of implementing strategy:
A) provided they promote greater use of and commitment to best practices and total quality management.
B) because really effective internal policies and procedures are not easily duplicated by other firms.
C) because astutely conceived policies or procedures can result in competitive advantage.
D) by helping align the actions and behavior of company personnel with the requirements for good strategy execution,placing limits on independent action and helping overcome resistance to change.
E) by making it easier to impose tight budget controls and avoid wasting scarce resources.
Correct Answer:
Verified
Q5: New strategies often entail budget reallocations because
A)revamping
Q6: Visible actions to reallocate operating funds and
Q7: A company's operating budget must be both:
A)
Q8: A "best practice":
A) is a method of
Q10: What do companies need to do (in
Q11: Company managers can significantly advance the cause
Q13: In what ways do well-conceived policies and
Q16: Prescribing policies and operating procedures aids the
Q28: The idea behind benchmarking and best practices
Q39: The backbone of the process of identifying,
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