Strategy Execution

question 78

Multiple Choice

Strategy execution

• A)requires revamping the value chain in order to maximize operating efficiency.
• B)depends on management's ability to direct organizational change.
• C)involves selecting a capable management team.
• D)consists of choosing among broad or narrow low-cost and differentiation strategies to compete against rivals.
• E)requires deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve.

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Definitions:

Migrant Groups

Migrant groups consist of populations that have moved from their place of origin to another location, often for reasons such as economic opportunities, family reunification, or fleeing conflict or persecution.

Industry Concentration

Refers to the extent to which a small number of firms dominate the total production or sales in an industry.

Turn Of The Century

A term typically referring to the transition from one century to another, often associated with significant historical, cultural, or social changes.

Immigrant Laborers

Workers who have migrated from one country to another for employment, often in sectors facing labor shortages.