Visible Actions to Reallocate Operating Funds and Move People into Different

question 91

Multiple Choice

Visible actions to reallocate operating funds and move people into different and new organizational units

• A)can be dysfunctional in trying to implement a new strategy because of the anxiety and insecurity that big changes in budgets cause among company personnel.
• B)signal a determined commitment to strategic change and can help catalyze and give credibility to the implementation process.
• C)run the risk of inadvertently creating barriers to building the needed competencies and capabilities.
• D)tend to impede the task of empowering employees and shifting to a new, more strategy-supportive culture.
• E)are rarely necessary in implementing a new strategy unless the new strategy entails a radically different set of value chain activities.

Understand the relationship between money supply, velocity of circulation, price level, and output.

Differentiate between the economic policies advocated by different schools of economics.

Analyze the implications of economic theories on fiscal and monetary policy.

Understand the concepts of rational expectations and their impact on policy effectiveness.

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Definitions:

Demonstration

A visual or practical presentation of how a product works or how a service is performed to illustrate its benefits.

Complimentary

Refers to something provided for free or at no cost as a courtesy or bonus.

Shock

A sudden upsetting or surprising event or experience, or the physical and emotional reaction to such an event.

Curiosity

A strong desire to know or learn something, driving individuals to seek out new information and experiences.