What Makes the Managerial Task of Executing Strategy So Challenging

question 103

Multiple Choice

What makes the managerial task of executing strategy so challenging and demanding is the

• A)trial-and-error experimentation that is required to come up with a workable organizational structure.
• B)people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.
• C)time and effort it takes to build core competencies.
• D)time, training, and creative effort it takes to empower employees and teach them responsible decision-making.
• E)supervisory requirements associated with getting company personnel to do things the right way.

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Definitions:

Investment Center

A business unit within a company that is responsible for generating its own revenue and profits, and it is evaluated based on its return on investment.

Activity-Based Costing

A costing methodology that assigns costs to products or services based on the activities required to produce them, aiming to more accurately reflect the consumption of resources.