The Rationale for Making Strategy-Critical Value Chain Activities the Primary

question 62

Multiple Choice

The rationale for making strategy-critical value chain activities the primary building blocks in a company's organizational scheme is based on the

• A)much shorter time it takes to build core competencies and competitive capabilities.
• B)benefit such an organizational scheme has in reducing costs.
• C)benefit such an organizational scheme has in improving the productivity of geographically scattered organizational units.
• D)thesis that if activities crucial to strategic success are to have the resources, decision-making influence, and organizational impact, they have to be centerpieces in the organizational scheme.
• E)benefit such an organizational scheme has in making the empowerment of employees more effective.

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Definitions:

Legally Defensible

Capable of being maintained or upheld in a court of law, especially referring to actions, policies, or practices compliant with legal standards.

Performance Management System

A systematic process by which an organization involves its employees in improving organizational effectiveness and achieving goals.

Calibration Meeting

A meeting often held by managers to ensure consistency in evaluating employee performance, aligning ratings across different evaluators to maintain fairness.

Performance Feedback

Communication process in which employees receive evaluation on their job performance, often including both strengths and areas for improvement.