Providing Top-Down Guidance Can Aid the Task of Implementing Strategy

question 67

Multiple Choice

Providing top-down guidance can aid the task of implementing strategy

• A)provided it promotes greater use of and commitment to best practices and total quality management.
• B)because really effective internal policies and procedures are not easily duplicated by other firms.
• C)because astutely conceived policies or procedures can result in competitive advantage.
• D)by helping align the actions and behavior of company personnel with the requirements for good strategy execution, placing limits on independent action, and helping overcome resistance to change.
• E)by making it easier to impose tight budget controls and avoid wasting scarce resources.

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Definitions:

Square Root

A value that, when multiplied by itself, gives the original number.

Directly Proportional

The relationship between two variables where if one variable increases, the other variable increases by the same factor.

Total Revenue

The total income generated from the sale of goods or services, calculated as the unit price multiplied by the quantity sold.

Constant of Proportionality

The constant of proportionality is the factor that relates two variables that are directly proportional to one another.