A Number of Surveys Have Highlighted the Gap That Routinely

question 60

Essay

A number of surveys have highlighted the gap that routinely exists in organizations between their strategic plans and the execution of those plans.What are the reasons for this strategy gap?

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Definitions:

Government Spending

The total amount of money that a government expends on services, goods, and public projects.

Marginal Benefit

The additional benefit received from the consumption of one more unit of a good or service.

Marginal Cost

The additional cost incurred in producing one more unit of a product or service.

Public Good

A good that is both non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from its use, and use by one does not reduce its availability to others.