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:

Indifference Map

A graphical representation showing different bundles of goods between which a consumer is indifferent.

Demand Curves

A graphical representation showing the relationship between the price of a good and the quantity of that good consumers are willing to buy.

Indifference Map

A graph showing a set of indifference curves, illustrating combinations of goods or services among which a consumer is indifferent.

Total Utility

The full satisfaction experienced when consuming an exact aggregate quantity of a good or service.