Ultimate Responsibility for Seeing That Strategy Is Executed Successfully Primarily

question 43

Multiple Choice

Ultimate responsibility for seeing that 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:

Strategy and Goals

A comprehensive plan devised to achieve specific objectives over a predetermined timeline, aligning actions with overarching ambitions.

Connection

Connection pertains to the relationship or link between individuals, groups, or systems that allows for communication, interaction, or functional integration.

Company's Website

An online platform owned and operated by a business, designed to provide information about the company, its products, and services.

Commerce Element

Fundamental aspects or components involved in the buying and selling of goods and services.