A Change in Strategy Nearly Always Entails Budget Reallocations Because

question 43

Multiple Choice

A change in strategy nearly always entails budget reallocations because

• A)revamping the performance of value chain activities can be costly.
• B)the accompanying policy revisions and compensation incentives tend to require different levels of funding than before.
• C)organizational units important in the prior strategy but having a lesser role in the new strategy may need downsizing, while units and activities that now have a bigger and more critical strategic role may need more people, new equipment, additional facilities, and above-average increases in their operating budgets.
• D)empowering employees to carry out the new strategy elements typically requires substantial new funding and budget revisions.
• E)adopting best practices and pushing for continuous improvement tends to reduce costs and reduce overall resource requirements.

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Definitions:

Mezzo Level Skills

Social work practices targeted at small-to-medium-sized groups, such as communities or institutions.

Generalist Practice

A broad approach in social work that applies a wide range of knowledge, skills, and methods to assess and address issues at individual, family, community, and societal levels.

Supervision

The act of overseeing the work or tasks of others to ensure standards are met and providing guidance, support, and feedback.