Which of the Following Is a Difference Between Strategies and Execution

question 33

Multiple Choice

Which of the following is a difference between strategies and execution?

• A)Strategies specifY "What do we do right now?", whereas execution provides direction for translating a vision into action.
• B)Strategies do not come naturally, whereas execution comes naturally.
• C)Strategies are more important than execution in strategic leadership.
• D)Strategies are intentions, whereas execution is through the basic organizational architecture that makes things happen.

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Definitions:

Price Discrimination

The practice of charging different prices for the same product or service to different consumers, based on what each is willing to pay.

Senior Citizens

Individuals of an advanced age, often defined as being 65 years old or older, who may have different social, economic, and healthcare needs.

Walmart

An American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, known for its scale and efficiency in supply chain management.

Price Discrimination

The business strategy of selling the same product to different customers at different prices based on their willingness to pay.