Implementing and Executing a Company's Strategy

question 59

Multiple Choice

Implementing and executing a company's strategy

• A) is primarily the job of the company's board of directors since they direct the actions and policies of the top senior executives in executing the strategy.
• B) is a task for every manager and the whole management team but ultimate responsibility for success or failure falls upon the top senior executives.
• C) is primarily a responsibility of all company personnel because all personnel are active participants in the strategy execution process and their actions have a huge impact on the ultimate outcome.
• D) should be delegated to a chief strategy implementer appointed by the chief executive officer.
• E) is primarily a task for middle and lower-level managers because it is they who have responsibility for pushing the needed changes all the way down to the lowest levels of the organization.

---

Definitions:

Withdraw The Offer

The act of revoking or cancelling a proposal or bid that had previously been made.

Present Obligation

A current duty or responsibility that an entity has as a result of past events, which will likely require an outflow of resources.

Restructuring

The process of organizing a company or its operations differently to increase efficiency or improve profitability, often involving changes in business model, operations, or staff.

Historical Pattern

Trends or sequences in data that have been observed to repeat over historical periods, often used for forecasting and analysis.