________ Involves an Analysis of Alternative Courses of Action and the Identification

question 81

Multiple Choice

________ involves an analysis of alternative courses of action and the identification of the best course of action to follow.

• A) Scorekeeping
• B) Attention directing
• C) Problem-solving
• D) Internal auditing

Grasp the concepts of formalization, centralization, and specialization in organizational contexts.

Appreciate the role of flexibility in organizational structures for creativity and efficiency.

Identify the factors affecting the span of control and strategies for its management.

Understand the relationship between organizational goals and the design processes of specialization, differentiation, and integration.

---

Definitions:

Organizational Strategy

A plan of action designed to achieve long-term or overall goals and objectives of an organization.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, measure and monitor progress towards strategic targets.

Markov Analysis

Markov analysis is a statistical technique used to predict the future behavior of variables or systems based on past behavior and probabilistic factors.