Although Ultimate Responsibility for Implementing and Executing Strategy Falls Upon

question 66

Multiple Choice

Although ultimate responsibility for implementing and executing strategy falls upon the shoulders of senior executives,

• A)top-level managers still have to rely on the active support and cooperation of middle and lower-level managers in pushing needed changes in functional areas and operating units.
• B)the pivotal and most decisive strategy-implementing actions are carried out by frontline supervisors who have the day-to-day responsibility of seeing that key activities are done properly.
• C)it is a company's employees who most determine whether the drive for good strategy execution will succeed or fail.
• D)the success or failure of the implementation/execution effort hinges chiefly on doing an effective job of empowering employees to make day-to-day operating decisions that support good strategy execution.
• E)the success or failure of the implementation/execution effort hinges chiefly on a company's reward system and whether its policies and procedures are strategy-supportive.

Comprehend how cycle time is calculated and its components.

Identify and explain the components of manufacturing costs.

Distinguish between different types of expenditures in accounting.

Recognize strategies to improve operational efficiency through cycle time reduction.

---

Definitions:

Peer Recognition Platforms

Digital or traditional systems designed to enable employees to acknowledge and celebrate their colleagues' achievements and contributions.

Organizational Behaviour Modification

A systematic approach to influencing organizational behavior through the application of reinforcement theory, aiming to reinforce desired behaviors and reduce undesired ones.

Reinforcement Strategy

An approach that uses rewards or punishments to strengthen desired behavior or extinguish unwanted behavior.

Reinforcement Strategies

Techniques used to encourage and increase the likelihood of a desired behavior by applying positive or negative reinforcements.