Who Has Strategy Execution Responsibility and Who Is Ultimately Responsible

question 63

Essay

Who has strategy execution responsibility and who is ultimately responsible for making sure that the task of implementing and executing the strategy goes well?

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Definitions:

Legal Entity

An organization or structure that has legal rights and obligations, including the ability to enter into contracts, sue, and be sued.

Issuing Stock

The process by which a company distributes shares to investors, thereby raising capital in exchange for ownership interests in the company.

Investors

Persons or organizations that invest money anticipating financial gains in return.

Articles of Partnership

A written agreement between all parties in a partnership that outlines the terms, responsibilities, and profit distribution among the partners.