AACSB: Analytic Blooms: Understand Difficulty: 3 Hard Learning Objective: 02-02 Understand the importance of setting both strategic and financial objectives. Topic: Setting Objectives 55. Explain why a company's strategy is really a collection of strategies. Answer may vary AACSB: Analytic Blooms: Understand Difficulty: 3 Hard Learning Objective: 02-03 Understand why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting a Strategy: A Company's Strategy-Making Hierarchy 56. A single-business company has three levels of strategy. Name and describe each level. Answer may vary Analytic Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-03 Understand why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting a Strategy: A Company's Strategy-Making Hierarchy 57. Identify and briefly discuss at least three obligations of a company's board of directors in corporate governance and the strategy-making, strategy-executing process. Answer may vary AACSB: Analytic Blooms: Remember Difficulty: 3 Hard Learning Objective: 02-05 Become aware of the role and responsibility of a company's board of directors in overseeing the strategic management process. Topic: Corporate Governance
AACSB: Analytic Blooms: Understand Difficulty: 3 Hard Learning Objective: 02-02 Understand the importance of setting both strategic and financial objectives. Topic: Setting Objectives 55. Explain why a company's strategy is really a collection of strategies. Answer may vary AACSB: Analytic Blooms: Understand Difficulty: 3 Hard Learning Objective: 02-03 Understand why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting a Strategy: A Company's Strategy-Making Hierarchy 56. A single-business company has three levels of strategy. Name and describe each level. Answer may vary Analytic Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-03 Understand why the strategic initiatives taken at various organizational levels must be tightly coordinated to achieve companywide performance targets. Topic: Crafting a Strategy: A Company's Strategy-Making Hierarchy 57. Identify and briefly discuss at least three obligations of a company's board of directors in corporate governance and the strategy-making, strategy-executing process. Answer may vary AACSB: Analytic Blooms: Remember Difficulty: 3 Hard Learning Objective: 02-05 Become aware of the role and responsibility of a company's board of directors in overseeing the strategic management process. Topic: Corporate Governance