McGraw-Hill OnlineMcGraw-Hill Higher EducationLearning Center
Student Centre | HOME

Corporate Governan...
Chapter Objectives
Chapter Overview
Multiple Choice Quiz
True or False
Summary Review Questions
Application Questions
References
PowerPoint Slides

Strategic Management: Strategic Managment
Gregory G. Dess, University of Texas at Dallas
G.T. Lumpkin, University of Illinois--Chicago

Implementing Strategy: Achieving Effective Strategic Control

Summary Review Questions

1. Why are effective strategic control systems so important in today’s economy?

2. What are the main advantages of "contemporary" control systems over "traditional" control systems? What are the main differences between these two systems?

3. Why is it important to have a balance between the three elements of behavioral control—culture, rewards and incentives, and boundaries?

4. Boundaries become less important as a firm develops a strong culture and reward system. Explain.

5. Why is it important to avoid a "one best way" mentality concerning control systems? What are the consequences of applying the same type of control system to all types of environments?