Assignment
QUESTION 1
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.
QUESTION 2
Describe a conflict situation that requires you to use 1) avoidance, 2) defusion, and 3) confrontation in order to solve the problem.
QUESTION 3
Describe the relationship between annual objectives and policies.
QUESTION 4
Define and give an example of business analytics. Why is this technique becoming so widely used in organizations today?