From a Strategy-Implementing/strategy-Executing Perspective, Operating Budget Allocations Should

question 37

Multiple Choice

From a strategy-implementing/strategy-executing perspective, operating budget allocations should

• A)primarily be based on the number of new strategic initiatives being implemented in each operating department.
• B)be based on the number of people employed in each of the divisions.
• C)be strategy-driven and based on how much each organizational unit needs to carry out its piece of the strategic plan efficiently and effectively.
• D)be linked to the costs of performing value chain activities as determined by benchmarking against best-in-industry competitors.
• E)depend on how much stretch there is in each department's objectives and what additional resources are needed to help reach these performance targets.

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Definitions:

Existentialism

A philosophical theory emphasizing individual existence, freedom, and choice, positing that individuals create the meanings of their lives.

Independent Variable

A variable that is manipulated in an experiment to see if it affects the outcome or dependent variable.

Dependent Variable

In scientific research, the variable that is tested and measured to determine if it is affected by changes in the independent variable.

Self-critical

A tendency to evaluate oneself harshly, focusing on one’s flaws and shortcomings.