McDonald’s operates through a franchising system wherein the head office uses strategic and financial controls to ensure that the franchises are creating the greatest possible value. This is an example of a(n):

Research shows that a __________ is the most effective means of ensuring that employees comply with the firm’s ethical standards.

The board of directors of CyberScope, Inc., is designing a stock option plan for its CEO that will motivate the CEO to increase the market value of the firm. Consequently, the board is:

In the implementation of internal innovations, formal and informal processes are best supported through __________ organizational structures.

The CEO of CLEO, Inc., in all her communications to employees consistently refers to her dream of CLEO becoming the company of choice for employee assistance programs. She keeps this theme uppermost and it is reflected in the firm’s motto, the title of its Web newsletter, and even on the company T-shirts and mugs. This is an example of the firm’s:

Strategic controls allow corporate-level managers to:

The number of patents held by an organization is a rough guide to the:

Functional structures work best for firms for all of the following EXCEPT:

A successful __________ innovation will be less risky but less profitable than a successful __________ innovation.

The ownership of major blocks of stock by institutional investors has resulted in all of the following EXCEPT: