What Does a Good Strategy Execution Require

question 89

Multiple Choice

What does a good strategy execution require?

• A) A team effort with all managers having strategy executing responsibility in their areas of authority,and making all employees active participants in the strategy execution process
• B) Incremental changes to current operating practices be implemented to ensure existing resource capabilities are not impacted too severely
• C) Little consensus building,despite the magnitude of the proposed changes,because employees know the benefits gained from the planning process
• D) The strategy-critical value chain activities to be simplified so that all company personnel can be cognizant of the benefits of the execution parameters
• E) Additional investments in capital projects rather than adding to a company's talent base and building intellectual capital

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Definitions:

Consumer Confidence

A measure of the overall consumer optimism about the state of an economy, reflected through spending and saving behaviors.

Housing Bubble

A temporary condition characterized by an unusual increase in housing prices fueled by demand, speculation, and exuberant spending to the levels that income levels do not support.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping to the right indicating inverse relationship between price and quantity demanded.

Normal Good

A good for which demand increases as the income of the consumer increases, and vice versa.