Managing the Strategy-Execution Process Involves

question 20

Multiple Choice

Managing the strategy-execution process involves

• A)describing the strategic course that will help the company prepare for the future.
• B)organizing the company along the lines of best practice.
• C)surveying employees on how they think costs can be reduced and how employee morale and job satisfaction can be improved.
• D)exerting the external leadership needed to drive stabilization.
• E)tying rewards and incentives directly to profit.

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Definitions:

Owners

Individuals or entities that have legal possession and control over a business or property.

Capital Account

The section of a nation’s international balance of payments statement in which the foreign purchases of that nation’s assets and that nation’s purchases of assets abroad are recorded.

Balance

This term can refer to the difference between total debits and total credits in an account, or to achieving a state of equilibrium in various contexts such as financial planning, work-life balance, etc.

Payments

Payments are the transfers of money or the consideration of goods or services from one individual or entity to another.