Strategy Implementation Is Often Considered to Be the Most Difficult

question 122

True/False

Strategy implementation is often considered to be the most difficult stage in the strategic-management process because it requires personal discipline, commitment, and sacrifice.

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Definitions:

Accounting Systems

The methods and processes used by organizations to track and manage financial transactions, assets, and liabilities.

Research-And-Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Employee Leasing

The practice of hiring workers through a third-party organization which handles various HR tasks such as payroll and benefits administration.

WARN Act

The Worker Adjustment and Retraining Notification Act that requires employers to provide notice in advance of certain plant closings and mass layoffs.