In Order to Develop and Implement the Best Strategy, Managers

question 65

True/False

In order to develop and implement the best strategy, managers must understand what results the company's resources and capabilities will make possible.

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Definitions:

Political Device

tactics or strategies used within a group or organization to gain power or favor.

Reward

The benefit, recognition, or compensation received as a result of completing a task or achieving a goal.

Complementary Skills

Abilities that enhance or complete each other when combined, improving team performance or project outcomes.

Diverse Backgrounds

Refers to the variety of experiences, cultures, and characteristics that individuals bring into a group or organization.