Which of These Is True About Strategy Implementation

question 24

Multiple Choice

Which of these is true about strategy implementation?

• A) It is positioning forces before the action.
• B) It focuses on effectiveness.
• C) It is primarily an operational process.
• D) It is primarily an intellectual process.
• E) It requires intuitive skills.

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Definitions:

Net Income

The income a company retains following the subtraction of all costs and taxes from its total revenue.

Income Statement

A financial statement that shows a company’s revenues and expenses over a specific period, ending with net income or loss.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments are made, used to verify the balance of debits and credits.

Net Income

The total profit of a company after all revenues and gains are added to the account and all expenses and losses are subtracted.