What Actions, Behaviors, and Work Practices That Are Conducive to Good

question 60

Multiple Choice

What actions, behaviors, and work practices that are conducive to good strategy implementation support the strategy execution effort?

• A)using peer pressure to company personnel to perform, enhancing worker productivity and buy-in, and focusing the attention of employees on what is most important
• B)energizing the workforce, ensuring that personnel memorize the company values statement and code of ethics, and achieving competitive advantage
• C)providing for greater strategic flexibility, using peer pressure to company personnel to perform, and energizing the workforce
• D)enhancing worker productivity and buy-in, focusing the attention of employees on what is most important, and ensuring adherence to the company culture
• E)focusing the attention of employees on what is most important, insisting that official policies and procedures be followed religiously, and using peer pressure to company personnel to perform

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Definitions:

Contingent Liability

A potential financial obligation that depends on a future event arising from past transactions or events.

Probable

In financial and legal contexts, a high likelihood that an event will occur, often used in reference to the realization of assets or the incurrence of liabilities.

Reasonably Estimated

A valuation or measurement that can be calculated with a reasonable level of accuracy, often applied in accounting for provisions and contingencies.

Fair Value Option

The choice given to companies to report financial assets and liabilities at estimates of their current market value, rather than at historical cost or using other valuation methods.