Class Strategic Management

Please answer all three questions

1- An organizations structure is, in essence, how executive and employee roles, authority, power and responsibilities are assigned, controlled, and coordinated, and how the information needed to run things efficiently flows between individuals and work units throughout the enterprise. While the need for structure is clear, the best structure for any business or organization will include which of the following:

a- Who its members are and what they believe in and value

b- The company's stage of developent

c- All of the above.

d- The type of competitive and physical/geographic context the business exists in

2- Former rock star and current US intelligence analyst Jeff Baxter stated in the video speech shown in class that creativity in solving complex problems involves not only a thorough analysis of the problem, which includes breaking the problem down into smaller more easily dealt with parts, but then also a synthesis or thinking through and reorganizing the smaller analytical pieces of the problem as a way of finding fresh perspectives and perhaps innovative solutions.

a- True

b- False

3- A company's mission statements are important only to the company's internal constituencies, not to its external stakeholders.

a- True

b- False