What Is a Key Requirement of the Strategy Execution Phase

question 33

Multiple Choice

What is a key requirement of the strategy execution phase?

• A) monitor the cash flowing into and out of the business
• B) continuously monitor the success of the implementation of the strategy
• C) take corrective action quickly in the event that things are not going well
• D) monitor and manage processes and material purchases
• E) b) and c)

---

Definitions:

Development

The process of improving the economic, social, and political conditions of a community or country.

Production Processes

The methods and sequences of operations used to design, manufacture, and deliver products or services, encompassing everything from initial concept to final product.

Work Processes

The defined series of tasks or activities conducted by individuals or groups in an organization to achieve specific outcomes.

Individuals

Refers to a single human being as distinct from a group, class, or family.