In: Operations Management
The toughest part of the problem-solving process is _____.
Question 2 options:
clarifying the problem |
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identifying the problem that you want to work on |
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selecting your best option |
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generating multiple solutions |
Question 3 (1 point)
Although a _____ allows managers to take the business concept beyond the idea stage, it doesn't accomplish the actual work.
Question 3 options:
plan |
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vision |
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mission |
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goal |
Question 4 (1 point)
Long-range planning that establishes an overall course of action for a company is generally called _____.
Question 4 options:
contingency |
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tactical |
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strategic |
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crisis |
Question 5 (1 point)
Under a _____ structure, employees from various functional areas form teams to combine their skills in working on a specific project.
Question 5 options:
division |
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functional |
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matrix |
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departmental |
Answer 2: Selecting your best option
Selection of the best option is the toughest because when you find out alternatives then you need to decide which one to select based on your understanding. Among the given alternatives, you will have to choose the best by evaluating all the alternatives. Sometimes there are more than one alternative which seems best, so management have difficulty to select one of those.
Answer 3: Plan
Plan is when you decide what to do in detail in advance to achieve a goal. In planning you decide what to do, how to do, when to do, etc. But this plan doesn't get things done automatically, you will have to work according to plan to achieve your goal. Actual work is still needed to be done to achieve the goal.
Answer 4: Strategic
Strategic plan is made to achieve a long term goal of organization. It establishes a course of action which must be followed by the organisation to achieve the end goal of the organisation. This plan is written in a document and management makes sure that Employees, stakeholders are working according to strategic plan to achieve organisation long range goal.
Answer 5: Matrix
Matrix structure is an organisation structure whereas Employees from different functional departments come together to work on a project. They use their combined skills to achieve the project aim. In this structure an employee works for two bosses, first functional department boss and second project leader. Sometimes Employees of one department doesn't communicate with other and think themselves as different. This structure make Employees from different functional departments to come and work together.