When Firms Successfully Implement Poor Strategies (Perhaps Due to Good

question 109

Multiple Choice

When firms successfully implement poor strategies (perhaps due to good luck) or do a poor job of implementing good strategies,it can be difficult to

• A) generate cost-based performance ratios.
• B) evaluate performance and make adjustments.
• C) increase product excellence without reducing customer excellence.
• D) develop segmentation strategies.
• E) choose a business mission.

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Definitions:

Relay Assembly

A method in manufacturing where components are assembled progressively as they pass along a sequence of workstations.

Participatory Supervision

is a management approach where supervisors collaborate with subordinates in decision-making processes and work management.

Esteem Needs

A concept from Maslow's hierarchy of needs that refers to the human desire for respect, self-esteem, and recognition from others.

Deficit Principle

The concept that suggests individuals are more motivated by their unmet needs than by desires that have already been satisfied.