Which Statement Below Is NOT True of Strategy Implementation

question 81

Multiple Choice

Which statement below is NOT True of strategy implementation?

• A) It is the process by which strategies and policies are put into action through the development of programs/tactics, budgets, and procedures.
• B) Implementation is often considered after strategy has been formulated.
• C) Strategy implementation is the sum total of the activities and choices required for the execution of a strategic plan.
• D) Strategy implementation should be kept separate and distinct from that of strategic management.
• E) Strategy formulation and strategy implementation are two sides of the same coin.

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Definitions:

Core Capabilities

Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers

Cultural Audit

A thorough examination and evaluation of an organization's cultural attributes and practices.

Environmental Scanning

Systematic monitoring of the major external forces influencing the organization.

External Forecasting

External forecasting involves predicting future trends and the impact of external factors on an organization's operations, including market demand, economic conditions, and technological changes.