The Principal Managerial Components of the Strategy Execution Process Include

question 17

Multiple Choice

The principal managerial components of the strategy execution process include which of the following?

• A) Deciding how much to spend on employee training
• B) Instituting policies and procedures that facilitate strategy execution and tying rewards to the achievement of strategic and financial targets
• C) Doing an effective job of empowering employees
• D) Revamping the value chain in a manner calculated to maximize operating efficiency
• E) Selecting a capable top management team

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and potential for dividends.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividends.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote on corporate matters and receive dividends.

Consolidated Income Statement

A financial statement that summarizes the revenue, expenses, and profits of a parent company and its subsidiaries.