In Leading the Push for Proficient Strategy Execution and Operating

question 66

Multiple Choice

In leading the push for proficient strategy execution and operating excellence, top-level managers need to take the lead on all of the following EXCEPT

• A)spending time with, listening to, and encouraging people in the organization to act on their own initiative.
• B)delegating authority to middle and lower-level managers and creating a sense of empowerment among employees to move the implementation process forward.
• C)gathering information firsthand and gauging the progress being made.
• D)initiating corrective actions to improve or remove impediments to strategy execution.
• E)holding periodic ceremonies to honor people who excel in displaying the company values and ethical principles.

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Definitions:

Real GDP

Gross domestic product adjusted for inflation; gross domestic product in a year divided by the GDP price index for that year, the index expressed as a decimal.

Per Capita GDP

The total Gross Domestic Product of a country divided by its population, indicating the average economic output per person.

Per Capita Income

The average income earned per person in a given area or country, calculated by dividing the total income by the population size.

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.