In Formulating an Action Agenda to Implement and Execute a New

question 27

Multiple Choice

In formulating an action agenda to implement and execute a new or different strategy, the place for managers to begin is with

• A)the task of revising and enhancing the company's core competencies.
• B)choosing which leadership style to employ in trying to carry out the strategy successfully.
• C)evaluating whether existing policies and procedures are adequately strategy-supportive.
• D)allocating more resources to strategy-critical parts of the business.
• E)a probing assessment of what the organization must do differently and better to carry out the strategy successfully.

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Definitions:

Self-Fulfilling Prophecy

A phenomenon where a belief or expectation, whether correct or not, influences the outcome in a way that confirms the belief.

Expectations

Anticipated outcomes or behaviors in a given situation.

Behavior

The actions or reactions of an individual or group, often in response to their environment.

Halo Effect

A cognitive bias where an individual's overall impression of a person influences how they feel and think about that person's character.