Which of the Following Is Not an Accurate Description of the Task

question 48

Multiple Choice

Which of the following is not an accurate description of the task of crafting a company's strategy?

• A) In most companies, crafting strategy is a team effort, involving managers and often key employees at many organization levels.
• B) Ultimate responsibility for leading the strategy-making task rests with the chief executive officer.
• C) The task of crafting strategy is best done by a company's chief strategic planning officer, who should report directly to the company's CEO and board of directors.
• D) It is the responsibility and duty of a company's board of directors to ensure that new strategy proposals can be defended as superior to alternatives and, ultimately, to approve or disapprove of the strategy formulated and proposed by the company's management.
• E) In most of today's companies, every company manager has a strategy-making role, ranging from major to minor, for his/her area of responsibility.

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Definitions:

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A period in the United States from 1920 to 1933 during which the manufacture, transport, and sale of alcoholic beverages were banned nationwide by the 18th Amendment to the Constitution.