In Which One of the Following Instances Is the Training

question 49

Multiple Choice

In which one of the following instances is the training and retraining of employees likely to make the LEAST important contribution to good strategy execution?

• A) When a company shifts to a strategy requiring different skills,competitive capabilities,managerial approaches,and operating methods
• B) When an organization is striving to build skills-based competencies
• C) When technical know-how is changing so rapidly that a company loses its ability to compete unless its skilled people have cutting-edge knowledge and expertise
• D) When the chosen strategy calls for a deeper technological capability or building and using new capabilities
• E) When the strategy execution effort is based on tried-and-true operating practices that vary little from year to year

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Definitions:

Adjusting Entry

An accounting journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.

Trading Portfolio

A collection of financial assets such as stocks, bonds, commodities, currencies, and derivatives held by an investor, primarily for the purpose of short-term speculation.

Stock Transactions

Activities involving the buying, selling, or issuing of shares of stocks in a company, either through exchanges or over-the-counter markets.

Stock Investments

A financial asset purchased in a corporation with the expectation of earning a return through dividends, stock price appreciation, or both.