STR 581 week 5 quiz

STR 581 week 5 quiz

Your answers : 18/18 (100%)Submitted on Apr 18, 2014, 10:04 PM
1
Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation
 

more expensive

more geared toward growth

more relevant and acceptable

more difficult
Correct
2
CCC21 stands for
 

competitive cost competency in the 21st century.

construction of cost competitiveness for the 21st century.

cost chain competition for the 21st century.

continuous cost competitiveness in the 21st century.
Correct
3
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.
 

Six Sigma

CCC21

Incremental innovation

Continuous improvement
Correct
4
These are also referred to as crowdsourcing or open innovation.
 

Golddiggers

Sustainers

Ideagoras

Disruptors
Correct
5
Key, routine activities that must be undertaken in each department of the organization are
 

business tactics

functional tactics

corporate tactics

resource tactics
Correct
6
While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group.
 

Acquired innovations

Throughput technologies

Lagging innovations

Disruptive innovations
Correct
7
In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives?
 

Corporate strategy

Operational strategy

Grand strategy

Tactical strategy
Correct
8
The DMAIC (define, measure, analyze, improve, and control) process is relevant to
 

strategic matrix analysis

balanced scorecard

Six Sigma

CCC21
Correct
9
Organizational culture includes important assumptions shared by members of the organization. These...

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