Author Question: To motivate its employees to perform at a high level and make good decisions, it is BEST for an ... (Read 103 times)

jc611 · **on:** Jul 7, 2018

To motivate its employees to perform at a high level and make good decisions, it is BEST for an organization to use a combination of ________.

A) informal performance appraisals and merit pay systems
B) formal performance appraisals and behavioral observation systems
C) formal performance appraisals and informal performance appraisals
D) informal performance appraisals and Scanlon plans

Question 2

What are the basic steps in the strategic planning process? What is the likely impact on an organization that does not implement a strategic plan?

What will be an ideal response?

pocatato · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

Awesome help, super fast

Answer to Question 2

Strategic planning is defined as the process of formulating, implementing, and evaluating organizational changes in ways that enable an organization to achieve its goals. It typically follows ten steps:
1. Define plans
2. Define the scope of products and services
3. Assess internal resources
4. Assess the external environment
5. Analyze internal arrangements
6. Assess the competitive advantage
7. Develop a competitive strategy
8. Communicate the strategy to stakeholders
9. Implement the strategy
10. Evaluate the outcome

Although the strategic planning process is challenging, costly, and time consuming, an organization that fails to plan will lose any competitive advantage it may have and this will eventually have a negative impact on its profitability and survival.