Which Statement Below Is NOT True of Strategy Implementation

question 83

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, 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:

After-Tax Salvage

The net value gained from selling an asset after accounting for taxes on the sale.

Marginal Tax Rate

The tax rate applicable to the last dollar of the taxpayer's income, influencing financial decision-making and planning.

Top-Down Approach

A decision-making process that starts at the highest level of an organization and cascades down to lower levels; also, a method of analysis that begins with a macro overview before drilling down into specifics.

Operating Cash Flow

The cash generated by a company's normal business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.