The Three Components of Building a Capable Organization Are

question 11

Multiple Choice

The three components of building a capable organization are

• A)optimizing the number of core competencies and competitive capabilities, making sure that all managers and employees are empowered, and maximizing internal operating efficiency.
• B)putting a centralized decision-making structure in place, determining who should have responsibility for each value chain activity, and aligning the corporate culture with key policies, procedures, and operating practices.
• C)staffing the organization, building core competencies and competitive capabilities, and structuring the organization and work effort.
• D)making periodic changes in the firm's internal organization to keep people from getting into a comfortable rut, instituting a decentralized approach to decision-making, and developing the appropriate competencies and capabilities.
• E)hiring a capable top management team, empowering employees, and establishing a strategy-supportive corporate culture.

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Definitions:

Palsgraf v. Long Island

A landmark 1928 legal case in which the New York Court of Appeals established the principle of foreseeability in determining negligence.

Negligence Case

A legal dispute involving claims that a person's carelessness resulted in harm or damage to another.

Negligence Per Se

A judicial principle that deems an action as automatically negligent due to the breach of a law or regulation.

Statutory Shop Act

Laws and regulations governing the operation of shops and commercial establishments.