The Basic Premise Behind Strategy Implementation Is That _____

question 25

Multiple Choice

The basic premise behind strategy implementation is that _____.

• A)boosting employee productivity is more important than effectiveness in production.
• B)short-term orientation is detrimental to an organization's economical success.
• C)external analysis and internal analysis should be performed during implementation.
• D)quality of resources is more important than the quantity of resources.
• E)the choice of organizational forms and structural forms make an economic difference.

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Definitions:

Executive Managers

Senior-level employees responsible for the strategic planning and direction of a company's operations.

Operating Income

A measure of a company's profit that excludes non-operating expenses such as interest and taxes, focusing on the profit generated from core business operations.

Strategic Performance Measurement System

A framework that integrates financial and non-financial performance indicators to assess an organization's effectiveness in achieving its strategic objectives.

Balanced Scorecard

A management and planning system designed to align a company's operations with its vision and strategic objectives, enhance communication both internally and externally, and track the performance of the organization in relation to its strategic targets.