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An executive is typically given a certain number of change. This reward system is used to retain specialised skills as an executive incentive. Strategic Groups are a cluster of firms that share similar strategies which one below is not one of the characteristics of that group: The Value Chain is a process of value-creating activities that state a firm is profitable to the extent the value it receives exceeds the total costs involved in creating its product or service. Leadership and management development processes to add value, Design and delivery of leadership and management development interventions, Evaluation of leadership and management development, Developing leaders and managers for a diverse workforce, Developing leaders and managers with a global competence, Find out more, read a sample chapter, or order an inspection copy if you are a lecturer, from the Higher Education website. [B3.2-Jun12+B3.2-Nov10 +A4-Jun09+SG-p116] It adds breadth and specificity in identifying what must be done to achieve long-term goals. c. Implementation actions are not clearly defined. e. Readiness: Are the employees ready to change such as resistance? Thus the A café serving coffee, tea and snacks ii. Discuss corporate governance and leadership in the light of the King II Report. What do organization leaders hope to see in their staff after diversity training? One of the barriers to successful strategy implementation is the resource barrier, therefore a change in strategy requires a c. Share prices should not be re-priced to benefit directors when the company's share are not performing well or the a. Services, Business Strategy: Help & Review Final Exam. cooptation involves the “buying-off” of informal leaders by giving them personal rewards to accept and promote change. Resource barrier: support the chosen strategies. The External Environment consists of six factors. way wok is performed, recognition of job dedication and recognition of results. Our CBAP Question bank is aligned to the latest edition of BABOK and IIBA exam pattern. Which of the following is a measurable goal? horizontal interaction refers to recognition between peers and team members. 6) Reshaping culture to fit with strategy is a challenge and often managers or leaders will either manage around culture or change Copyright © 2020 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Upgrade to Premium to read the full document, Share your documents to get free Premium access, Exam 11 November 2017, questions and answers. 5) Standardisation of skills and knowledge: f. Capability: Do the organisation’s employees and managers have the capabilities to implement change? Inadequate resources. Discuss the major types of executive bonus compensation plans. These sample questions and answers help to reinforce your learning and act as a revision tool. (5) [B2.1-Nov13]. The balanced scorecard sets objectives, measures targets and initiatives for four organisational areas based on the vision or Multinational firms are constantly faced with the dilemma of choosing between _______ and ___________. (4) [B2.1-Jun13 + B2.2-Jun12]. dutifully performing assigned tasks. Also explore over 43 similar quizzes in this category. processes, which are all in turn underscored by the organisational culture. Simple, entrepreneurial organisations use a high level of mutual adjustment. Which one below is not one of those factors: Porter’s five forces discusses the forces in the environment that has influence on a company  they are: Suppliers, Competitors, Customers, New Entrants and __________________? People barrier: Most organisations grow first by volume, then by geography, then by integration, and finally through product/business The amount of compensation is based on the spread of or difference between the share’s initial and selling price. All rights reserved. Try these CBAP sample questions taken from our CBAP Question Bank. (5) What is an advantage of employee referrals?  They provide the necessary strategic leadership to the rest of the organization. Question 9 - Discuss the concept of a learning organisation. Brun and Dugas identify four approaches to recognition namely the (1) ethical perspective, (2) the humanistic and existential

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