Excellent Execution of an Excellent Strategy Is

question 76

Multiple Choice

Excellent execution of an excellent strategy is

• A)the best test of managerial excellence and the best recipe for making a company a standout performer.
• B)a solid indication that managers are maximizing profits and looking out for the best interests of shareholders.
• C)the best test of whether a company is a true industry leader.
• D)the best evidence that managers have an emerging business model.
• E)the best test of whether a company enjoys sustainable competitive advantage.

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Definitions:

Business Event

An occurrence or activity organized by a company or organization, usually with a specific purpose related to its operations, networking, or marketing.

ERP

Enterprise Resource Planning, a type of software used by organizations to manage and integrate important parts of their businesses.

Functional Areas

distinct departments or groups within an organization, each focusing on a specific aspect of the organization's operations, such as marketing, finance, or HR.

Information Flow

Information Flow is the movement or exchange of data within a network or system, illustrating how information is shared or transmitted from one part of a system to another.