Crafting and Executing Strategy Are Top-Priority Managerial Tasks Because

question 59

Multiple Choice

Crafting and executing strategy are top-priority managerial tasks because

• A) they are necessary ingredients of a sound business model.
• B) good strategy coupled with good strategy execution greatly raises the chances that a company will be a standout performer in the marketplace.
• C) the management skills of top executives are sharpened as they work their way through the strategy-making/strategy-executing process.
• D) doing these tasks helps executives develop an appropriate strategic vision, strategic intent, and set of strategic objectives.
• E) of the contribution they make to maximizing value for shareholders.

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Definitions:

Retina

A layer at the back of the eyeball containing cells sensitive to light, which trigger nerve impulses that pass via the optic nerve to the brain.

Rods and Cones

Photoreceptor cells in the retina of the eye where rods are responsible for vision at low light levels, and cones handle color vision and detail.

Olfactory Cells

Sensory cells located in the olfactory epithelium of the nose involved in the detection of odors, playing a key role in the sense of smell.

Muscle Spindles

Sensory receptors within the belly of muscles, responding to stretch and actively participating in the regulation of muscle contraction.