It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.
So, the correct option is A.
Different sets of managerial skills are required to implement the strategy and ensure that the organization does so successfully. Strategy execution is primarily operations-driven, focusing on the management of people, business processes, and organizational structure, as opposed to strategy formulation, which is largely an analysis-driven activity focused on market conditions and the company's resources and capabilities.
Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.
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Answer:
virtual organization
Explanation:
A virtual organization is a type of organization that has employees situated in several geographical locations, either on a temporary or permanent basis, who carry out its several production functions, and are usually dependent on electronic means of communication and executing production. A virtual organization really do not have any real formal structure. One of the major advantages of such organization is that it is cost saving.
Farah’s company is an example of a virtual organization.
<span>In order to cut costs, most of the pay TV providers have incorporated large call centers where they hire poorly trained and low paid employees to answer customer calls. These employees lack incentive and generally don't care much about customers. One exception to the rule is DirecTV. They are known for the best customer service record in the industry. It uses outsourcing, but they have motivation, something lacking from other providers. Their reps get free satellite TV in their homes once they have been on the job for three months and are invited to special DirecTV events where they have chances to meet and greet celebrities and NFL stars. They are also given the ability to handle complaints themselves rather than just listening, noting and transferring calls.</span>
Answer:
Bond issue price $892,100
Face value $949,000
Discount on bond $56,900
Number of Interest payments (10 years x 2) 10
Discount to be amortized per payment $5,690
Interest on bond $51,210
Date Description Debit Credit
Dec. 31 Bond interest expense $56,900
Discount on bonds payable $5,690
Cash $51,210
(Interest on bond paid and Premium amortized)
Answer:
False
Explanation:
Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.
<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>
Six sigma does NOT focus on customers feedback to reduce variation and waste.
