Strategic Management and Leadership: Evaluation, Continuous Improvement, and Organizational Culture

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Strategic Management and Leadership: Evaluation, Continuous Improvement, and Organizational Culture1.This is concerned with tracking a strategy as it is being implemented, detectingproblems or changes in its underlyingpremises, and making necessary adjustments.A.Strategy evaluationB.Strategic implementationC.Strategic controlD.Strategic decision-makingCorrect:The Correct Answer is: C.Managers exhibiting strategic control mainly ask two overarching questions. Is thefirm progressing toward the right conclusion? Is the firm performing as expected?If the answers to these questions are not positive, strategic control will allow

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managers to redirect before things become problematic.

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2.Strategic surveillance must be keptA.as focused as possibleB.as unfocused as possibleC.as fast as possibleD.internalCorrect:The Correct Answer is: B.Strategic surveillance involves a high-level scan of a variety of sources, to see ifany industry or firm-related concerns can be found in this manner.Concept: Continuous ImprovementMastery100%Questions3 4 5

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3.This, called kaizen in Japanese, is the process of relentlessly trying to findways to improve and enhance a company's products and processes fromdesign through assembly, sales, and service.A.CCC21B.Incremental innovationC.ContinuousimprovementD.Six SigmaCorrect:The Correct Answer is: C.Continuous improvement is utilized in an effort to lower costs, producehigher quality and faster speed in production, and more rapidly answer the

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concerns of customers and suppliers.4.CCC21 stands forA.competitive cost competency in the 21st centuryB.construction of cost competitiveness for the 21st centuryC.cost chain competition for the 21st centuryD.continuous cost competitiveness in the 21st centuryCorrect:The Correct Answer is: B.CCC21, or construction of cost competitiveness for the 21st century, is alsocalled kawaita zokin wo shiboru, or “wringing drops from a dry towel”(Pearce & Robinson, 2011, p. 401)

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5.The DMAIC (define, measure, analyze, improve, and control) process isrelevant toA.CCC21B.balanced scorecardC.strategic matrix analysisD.Six SigmaCorrect:The Correct Answer is: D.Define, measure, analyze, improve, and control is a cycle ofcontinuousimprovement that is often used to implement SixSigma.

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