One of the Greatest Challenges of Strategy Implementation in Mature

question 32

Multiple Choice

One of the greatest challenges of strategy implementation in mature industries is:

• A)Reconciling differentiation and innovation with a relentless drive for cost efficiency
• B)Encouraging strategic innovation by widening the strategic planning process to include younger organizational members
• C)Continually adjusting the strategy to adapt to environmental changes
• D)Both b and c

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Definitions:

Perception

Perception is the process by which individuals organize and interpret sensory information to give meaning to their environment.

Creative People

Individuals who think outside the box and innovate by generating novel and original ideas or solutions.

Motivated

Refers to the internal or external factors that stimulate the desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Characteristics

Features or qualities that define an individual, object, or concept.