week 3

What is the focus of structural contingency theory in organization theory?

• The rise of open systems

• Practical and sociological debates

• Configurational theories

• Sustainable competitive advantage

Which of the following is part of the strategy section in the agenda?

• Structural contingency theory

• Implementation and change

• Practical and sociological debates

• The rise of open systems

What does the integrative framework in strategy focus on?

• Structural contingency theory

• Sustainable competitive advantage

• The rise of open systems

• Practical and sociological debates

What is a key component of strategizing according to the agenda?

• Structural contingency theory

• The rise of open systems

• Practical skills of strategy

• Configurational theories

In which decades did modern strategic planning take shape?

• 1940s and 1950s

• 1960s and 1970s

• 1980s and 1990s

• 2000s and 2010s

What was the emphasis of strategic planning before the 1960s and 1970s?

• Short-term gains

• Long-range planning

• Immediate profits

• Crisis management

What motivated firms to diversify into multiple industries in the 1960s and 1970s?

• Decreasing competition

• Increasing competition and uncertainty

• Government incentives

• Technological advancements

Which of the following is a defining practice of strategic planning?

• Financial auditing

• Industry and portfolio analysis

• Marketing strategies

• Human resource management

What does scenario analysis in strategic planning involve?

• Predicting stock market trends

• Analyzing past performance

• Assessing likely futures and preparing for them

• Evaluating employee performance

What was a criticism of planning practices in the 1980s?

• Too much focus on implementation

• Overly rationalistic and inflexible

• Emphasis on continuous change

• Strong engagement with middle management