Ultimate Responsibility for Seeing That a Strategy Is Executed Successfully

question 75

Multiple Choice

Ultimate responsibility for seeing that a strategy is executed successfully primarily falls upon the shoulders of:

• A) a company's chief executive officer,its chief operating officer,and the heads of major units (business divisions,functional departments,and key operating units).
• B) first-line supervisors who have the day-to-day responsibility of seeing that key value chain activities are done properly.
• C) the company's board of directors because board members are the final authority in overseeing and conducting daily operations.
• D) a company's whole management team-each manager is responsible for attending to what needs to be done in his/her respective area of authority and thus should be held accountable for the strategy's success or failure.
• E) all company personnel because all employees are active participants in the strategy execution process and the caliber of their actions have a huge impact on the ultimate outcome.

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Definitions:

Organizational Success

The achievement of the goals and objectives set by an organization, often measured by financial performance, market share, or the realization of its strategic aims.

People-centered Practices

Organizational strategies and policies that emphasize the importance of human resources, employee well-being, and fostering a positive work environment.

Jeffrey Pfeffer

is a prominent professor and author in the field of organizational behavior, known for his work on power and business strategy.

Employee Turnover

The rate at which employees leave a company and are replaced by new personnel, often used as an indicator of workplace satisfaction and stability.