4951 Unit 5

Course Textbook: David, F. R., & David, F. R. (2015). Strategic management: A competitive advantage approach, concepts and cases [VitalSource Bookshelf version] (15th ed.). Retrieved from https://www.vitalsource.com/textbooks?term=9780133740356

Question 1

Briefly explain the seven guidelines to follow in developing an organizational chart. Your response should be at least 200 words in length. 25 points   

Question 2

Strategy formulation focuses on effectiveness, whereas strategy implementation focuses on efficiency. Which is more important—effectiveness or efficiency? Give an example of each concept, and explain your answer. Your response should be at least 200 words in length.

Question 3

Describe a conflict situation that requires you to use 1) avoidance, 2) defusion, and 3) confrontation in order to solve the problem. Question 4

Describe the relationship between annual objectives and policies. Your response should be at least 200 words in length.