Question

In: Accounting

Corporate strategy

  1. Valerie is the CEO of an automaker and wants to ensure that her corporate strategy is leading to processes and behaviors that will foster a strong financial performance. Based on what you know about the flow of organizational culture, which of the following acts does NOT directly tie corporate strategy to performance?

 

a. changing the company’s organizational structure to more closely align with its structure

b. developing a control system that provides feedback on whether the strategy is working or not

c. executing strategic HR practices that will assist in recruiting the right employees to support the strategy

d. releasing formal statements in support of the company’s strategy in order to garner employee buy-in

 

Solutions

Expert Solution

Explanation : The first three options are in line with achieving the goals set by the top management and will lead to increase in strong financials. Developing an organizational structure and control system will assist in better management. However the company does not have to issue formal statements to win employee approval. 


Option d, releasing formal statements in support of the company’s strategy in order to garner employee buy-in

Related Solutions

Define strategy and differentiate between corporate-level strategy and business-unit level strategy.
Define strategy and differentiate between corporate-level strategy and business-unit level strategy.
What is Sony Global CORPORATE STRATEGY
What is Sony Global CORPORATE STRATEGY
There are three approach of corporate strategy, that is : portfolio strategy, BCG Matrix, and diversification...
There are three approach of corporate strategy, that is : portfolio strategy, BCG Matrix, and diversification strategy The Indofood company bought the ownership of PT Indolakto (Indomilk), what approach of corporate strategy? Please explain your answer using references about approach of corporate strategy.
The marketing strategy of corporate naming rights for sports venues is a fairly recent strategy in...
The marketing strategy of corporate naming rights for sports venues is a fairly recent strategy in the sports business landscape. Imagine you are on the marketing team for a minor league team that will be moving to your city. You have been tasked with generating revenue for the team through the sale of stadium naming rights. Based upon what you learned from the Topic Materials, compose a one-paragraph pitch to persuade a local company that naming rights are worth the...
1. What is the difference between a corporate strategy and a business strategy? 2.How are the...
1. What is the difference between a corporate strategy and a business strategy? 2.How are the business strategy typologies by Porter and Miles & Snow similar? How are they different? 3.Why might one expect the performance level of midsize business units to be lower than the performance level of either small or large business units?
Does Ascena’s corporate strategy seem sound?
Does Ascena’s corporate strategy seem sound?
Summarize Walt Disney Company's corporate strategy.
Summarize Walt Disney Company's corporate strategy.
What is Amazon's Mission and Vision Statement? What is the company's corporate strategy and pricing strategy?
What is Amazon's Mission and Vision Statement? What is the company's corporate strategy and pricing strategy?
research and write about one of the following leadership, corporate culture, corporate strategy in one of...
research and write about one of the following leadership, corporate culture, corporate strategy in one of the following companies: Apple, Google or Microsoft. Research the leadership, corporate culture or corporate strategy (one of these) of the company you chose. You can find information on these topics using an Internet search engine. Discuss the leadership, corporate culture or corporate strategy (one of these) of the company you chose. piece together information from different sources not just present what each source stated.
What are the standout features of Epic's corporate culture? ation Corporate Culture and Strategy Execution In...
What are the standout features of Epic's corporate culture? ation Corporate Culture and Strategy Execution In this exercise you will explore the corporate culture and values of Epic and the important role of corporate culture plays in strategy execution. Just as every human being has a unique personality, every company has its own unique corporate culture. These corporate cultures include shared values, ingrained attitudes, and company traditions that determine norms of behavior, accepted work practices, and styles of operating. The...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT