Executing Strategy Is a Make-Things-Happen Task That Tests a Manager's

question 101

Multiple Choice

Executing strategy is a make-things-happen task that tests a manager's ability to perform all of the following EXCEPT

• A) manage the people, talents, and business processes of an operations-driven activities company.
• B) direct organizational change and achieve continuous improvement in operations and business processes.
• C) create and nurture a strategy-supportive culture.
• D) meet or beat performance targets consistently.
• E) focus on market conditions and the company's resources and capabilities.

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Definitions:

S&P 500 Index

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

June Contract

A June contract refers to a futures contract or an options contract that expires in the month of June.

Marking To Market

This refers to the daily adjustment of accounts to reflect profits and losses in the value of securities.

Option Contract

A financial contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.