Which of the Following Statements About Implementing and Executing a New

question 68

Multiple Choice

Which of the following statements about implementing and executing a new strategy is true?

• A) The managerial tasks of implementing and executing a new strategy call for essentially the same kinds of creative management talent and innovative thinking as does crafting strategy.
• B) Executing strategy is chiefly a financially-driven process aimed at squeezing the most profit out of conducting daily operations.
• C) Executing strategy is a job for a company's whole management team, not just a few senior managers; moreover, all employees are participants in the strategy execution process.
• D) Executing strategy depends heavily on the caliber of a CEO's business vision, industry and competitive analysis skills, and entrepreneurial creativity.
• E) Executing strategy tends to be a simpler, quicker management task to perform as compared to crafting a winning strategy.

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Definitions:

Obvious Features

Characteristics or aspects of an object or situation that are easily perceived or understood without need for detailed explanation.

Motivation

The reason or reasons one has for acting or behaving in a particular way; the drive to achieve goals.

Performance

A measure of how well an individual, group, or system operates or accomplishes a given task or objective.

Reward

A reward is a benefit, often in the form of goods, services, or recognition, given in response to one's actions, achievements, or behavior as an incentive or acknowledgment.