71.There seven steps in the strategic management process.
72.HR managers : 1414010
71.There are seven steps in the strategic management process.
72.HR managers need to support corporate productivity and performance improvement efforts.
73.Employees play a minimal role in the performance improvement efforts of their employers.
74.HR is only involved in the execution of a company’s strategic plan.
75.A mission statement is a general statement of a company’s intended direction that evokes emotional feelings in the organization’s members.
76.A vision statement is broader and more future-oriented than a mission statement.
77.Mission statements tend to focus on past successes.
78.Strategy implementation draws more on the leading management function than on the functions of planning, organizing, staffing, and controlling. (F; difficult; p. 81)
79.Consolidation keeps the company’s strategy up to date by assessing progress toward strategic goals and taking corrective action as needed.
80.Managers engage in three levels of strategic planning.