Well-Conceived Policies and Operating Procedures Facilitate Good Strategy Execution by

question 57

Multiple Choice

Well-conceived policies and operating procedures facilitate good strategy execution by

• A)leaving it up to employees regarding how things are to be done.
• B)removing roadblocks to creativity and innovation.
• C)fostering a work climate that preserves the status quo whenever possible.
• D)enforcing consistency in how strategy-critical activities are performed.
• E)channeling individual and group efforts along a strategy-supportive path.

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Definitions:

Risk Level

The degree of uncertainty and the potential financial loss associated with an investment or business decision.

Net Present Value

An evaluation metric that analyzes the profitability of a projected investment by discounting future cash flows to their present value and subtracting the initial investment cost.

Project Rate of Return

The expected return on an investment, estimating the profitability of a project or investment.

Fund Utilization

The process of using allocated funds or resources efficiently for intended purposes.