Mba 705 Minsun Kim Exam 4 (All Solved)

Innovation {Ans: - a complex process and is conceptualized, measured and controlled through a variety of means -expenditures on developing new or improved products and processes also tend to increase the level of innovation -A possible surrogate measure of firm innovation is R&D (research and development) expenditures}C PIMS data is available only to firms participating in the PIMS project. {Ans: Sources of published information for strategic control available to the public include all of the following except __________. A. the Wall Street Journal B. Consumer Reports C. PIMS data D. many trade journals}Corporate Involvement in Business Unit Operations {Ans: - top management philosophy is a key determinant of an organization's structure, especially in large firms with multiple business units -the extent to which corporate managers are involved in business-level operations varies from one firm to another -involvement is sometimes seen as a stabilizing force and is welcomed by top executives in business units. However, some business unit managers refer to "corporate" in a less than positive light and may view such involvement as interference or stifling to progress}Simple structure {Ans: a form of organization in which in a new business, each employee often performs multiple tasks